Leading Indicators OECD: Component Series: Long-Term Interest Rate: Normalised for Australia
AUSLOCOLTNOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.07
Year-over-Year Change
-0.99%
Date Range
7/1/1969 - 12/1/2023
Summary
The Leading Indicators OECD: Component Series: Long-Term Interest Rate: Normalised for Australia measures the long-term interest rate in Australia, a key economic indicator used by policymakers and analysts.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the long-term interest rate in Australia, normalized and seasonally adjusted, as part of the OECD's broader set of leading economic indicators. It provides insight into Australia's economic conditions and can signal future trends in investment, consumption, and growth.
Methodology
The data is collected and calculated by the OECD based on official government sources.
Historical Context
Policymakers and market analysts closely monitor this and other leading indicators to assess the trajectory of the Australian economy.
Key Facts
- Australia's long-term interest rate was 3.03% in January 2023.
- The indicator has declined from a high of 3.58% in November 2022.
- Long-term interest rates are a key input for investment and consumption decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the long-term interest rate in Australia, providing insight into the country's economic conditions and future outlook.
Q: Why is this trend relevant for users or analysts?
A: Long-term interest rates are a critical indicator used by policymakers, investors, and analysts to assess the health and trajectory of the Australian economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on official government sources.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this and other leading indicators to inform decisions about monetary policy, investment, and economic planning.
Q: Are there update delays or limitations?
A: The data is updated monthly by the OECD, and there may be a short delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component Series: Long-Term Interest Rate: Normalised for Australia (AUSLOCOLTNOSTSAM), retrieved from FRED.