First Impressions: Australian Q2 GDP

Output expanded by 0.9% in the June quarter, meeting market expectations. Consumer spending was a bright spot, up 2.2% (albeit falling short of our expectations). Exports also performed well. However, elsewhere conditions were mixed. The Australian economy expanded by 0.9% in the June quarter. That met market expectations, market median 0.9% and Westpac 1.1%. Annual […]

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