Australia’s GDP grows 0.6% qoq in Q4, ending per capita contraction streak

Australia’s GDP grew by 0.6% qoq in Q4, exceeding expectations of 0.5% qoq, while annual growth stood at 1.3% yoy. A key highlight was the 0.1% qoq per capita GDP growth, marking the first increase after seven consecutive quarters of contraction. According to Katherine Keenan, head of national accounts at the ABS, “Modest growth was […]

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