ANZ 2022 Full Year Debt Investor Presentation slide image

ANZ 2022 Full Year Debt Investor Presentation

ANZ 2022 Full Year Debt Investor Presentation AUSTRALIAN ECONOMY - INFLATION % Consumer price inflation¹ 6 4 2 Year-ended my M Quarterly (seasonally adjusted) L 1997 2002 Quarterly CPI inflation² Seasonally adjusted, with contributions % % 2 6 -2 2007 2012 2017 2022 Distribution of wages growth*, 2 As a share of firms reporting wage data in liaison September and December quarters 2021 March and June quarters 2022 % 60 Year ahead* 50 40 30 20 10 1 Headline Durables % Groceries* 2 1 0 O Market services** New dwellings Automotive fuel -1 -1 -2 % 10 60 50 40 2019 Other 2020 -2 -3 2021 2022 Sources: ABS; RBA Global inflation comparisons³ % Change y/y 9 8 7 654 30 3 2. 20 1 0 10 -1 -2 0 <2 >2 to 3 Wage growth rate (%) O >3 Expectations for the year ahead for firms reporting in the March * and June quarters of 2022. Source: RBA 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 -Euro Area CPI -US CPI - -NZ CPI - Australia CPI Source: ABS, BLS, Eurostat, Stats NZ, Macrobond, ANZ Research Sources: 1. RBA Chart Pack, November 2022 2. RBA Statement on Monetary Policy, August 2022 3. ANZ Research: Australian Macro Weekly 28 October 2022 103
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