Latest Updates
A snapshot of the latest market updates from our Economic Services team.- 13 Dec 2024 Daily Report 13 December 2024Wall Street saw more broad-based declines last night, with all but one sector closing in red, as initial jobless claims jumped and US producer price inflation came in a little higher than expected.
- 06 Dec 2024 Market WATCh Weekly 6 December 2024In Australia, real GDP growth disappointed in Q3, with the annual rate the lowest since the early 90s (outside of COVID-19). Abroad, the US ISM PMIs suggested slower contraction in manufacturing and deceleration in services growth. The Chinese PMIs were mixed, but generally pointed to sluggish growth.
- 10 Dec 2024 Monthly Update November 2024Western Australian gross state product rose by 0.5% in 2023-24, with weather conditions dragging on mining output. The wage price index in Western Australia rose by 1.2% in Q3 (unadjusted), to be 3.5% up through the year. Western Australian employment ebbed 1.1k in October, while the unemployment rate ticked up to 4.0%. Perth home prices picked up by 1.1% in November, the most of all the capitals.
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TopĀ - North Quay Terminals, Fremantle. Image courtesy of Fremantle Ports.
Below - Port of Port Hedland. Image courtesy of Pilbara Ports Authority.