SYDNEY (Reuters) -Australia's economy grew at the fastest annual pace in almost two years in the second quarter as consumers finally started spending after a long fallow stretch, data showed on ...
Australian household spending growth was solid for a second month in November as consumers splashed out on Black Friday sales ...
Australia's economy expanded 1.3% year on year in the fourth quarter, accelerating for the first time since September 2023. The GDP growth beat expectations of a 1.2% rise from economists polled by ...
After growing at just 0.2% QoQ in the previous three quarters, Australia’s GDP growth in 3Q24 rose to 0.3%. However, this was lower than the market had been hoping for, and the breakdown of growth is ...
To receive market updates in your inbox, sign up to the newsletter Global Macro Playbook. Australia's economy grew at its slowest annual pace since the pandemic in the third quarter, disappointing ...
SYDNEY, Dec 4 (Reuters) - Australia's economy in the third quarter grew at the slowest annual pace since the pandemic, disappointing hopes for a rebound as government spending did all of the heavy ...
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Australia’s 3Q GDP Growth Misses Estimates
SYDNEY—Australia’s economy grew by a little less than expected in the third quarter, with consumer spending, business investment growth, and strong government outlays supporting activity. The economy ...
SYDNEY—The initial reaction to Australia’s third quarter economic growth data on Wednesday was one of mild disappointment. But a deeper dive into the numbers reveals an economy bubbling along quite ...
The GDP growth beat expectations of a 1.2% rise from economists polled by Reuters, and also surpassed the 1.1% climb expected by the Reserve Bank of Australia. The country's statistics bureau said ...
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