The RBA, ABS, and Commonwealth Bank are monitoring the economic fallout from the Middle East conflict, specifically tracking inflation and supply chain impacts.

The entities involved

• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • Energy risks for Southeast Asia are exposed due to the Iran war, causing demand shocks observed by a solar company in Manila, amidst the IEA's assessments.Tue 14:56
  • Israel and the Pentagon assess escalating tensions across the Middle East, involving Iran, Lebanon, and Gaza, while Houthis attack Saudi Arabia.Tue 14:16
• RBA →

  Spanish media enterprise

  • Christopher Kent, RBA Assistant Governor, discussed how the Middle East conflict affects global growth expectations at a Commonwealth Bank conference.Mon 06:06
  • Spending data, conflict escalation, and tech reports are influencing the RBA's monetary policy outlook.Mon 01:37
• Australian Bureau of Statistics →

  federal statistics and census agency of the Australian Government

  • ABS reports on the current state of the Australian economy.Tue 05:50
  • ABS reports on Australian economic data, showing GDP growth influences RBA policy amidst Middle East disruptions.Mon 08:09

Related events

• NAB provides data to the RBA, highlighting how geopolitical tensions in the Middle East affect the Australian economic backdrop.Jul 14
• The Reserve Bank of Australia is assessing the economic effects of the ongoing conflict in the Middle East.Jun 15
• ABS inflation data influences RBA policy outlook and prompts commercial banks like ANZ and NAB to adjust their interest rate forecasts.Aug 27
• The Reserve Bank of Australia is factoring in new consumer spending data when assessing current inflation risks in the country.Aug 27
• The Central Bank monitors its inflation target while the Middle East conflict leads to a lift in diesel prices.Oct 12