Data alert | Meat production data released today Today, the ABS released its quarterly Livestock Products publication, which provides figures on the number of animals slaughtered and the amount of meat produced. By dividing total meat production (in kilograms) by the number of animals or birds slaughtered, one can estimate the

Event alert | RBA cash rate decision on Tuesday The Reserve Bank of Australia (RBA) will hold its next monetary policy meeting on Tuesday this week, 20 May 2025, to set the Official Cash Rate (OCR)—the benchmark interest rate that influences borrowing costs across the economy. As of today, the

Updated | Misery Index forecasts in 2030 | Eastern Europe doing well Yesterday I posted Misery Index estimates for 2025 and flagged that I would follow up with forecasts for 2030. Today’s update delivers on that promise, with three new charts to complete the picture. Chart 1 presents the average Misery

Updated | Misery Index updated for 2025 data A commonly used and straightforward measure of a country's relative economic pain is known as the Misery Index. It involves a simple calculation: the addition of a country's unemployment rate and its inflation rate. Both indicators are undesirable—so