AU GDP q/q
It's the broadest measure of economic activity and the primary gauge of the economy's health;
- AU GDP q/q Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Dec 3, 2024 | 0.3% | 0.5% | 0.2% |
Sep 3, 2024 | 0.2% | 0.2% | 0.2% |
Jun 4, 2024 | 0.1% | 0.2% | 0.3% |
Mar 5, 2024 | 0.2% | 0.2% | 0.3% |
Dec 5, 2023 | 0.2% | 0.5% | 0.4% |
Sep 5, 2023 | 0.4% | 0.4% | 0.4% |
Jun 6, 2023 | 0.2% | 0.3% | 0.6% |
Feb 28, 2023 | 0.5% | 0.8% | 0.7% |
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- AU GDP q/q News
- From abs.gov.au|Dec 3, 2024
Australian gross domestic product (GDP) rose 0.3 per cent in the September quarter 2024 and by 0.8 per cent since September 2023 (seasonally adjusted, chain volume measure), according to figures released by the Australian Bureau of Statistics (ABS) today. Katherine Keenan, ABS head of national accounts, said: “The Australian economy grew for the twelfth quarter in a row, but has continued to slow since September 2023.” The strength this quarter was driven by public sector expenditure with Government consumption and public investment ...
- From abs.gov.au|Sep 3, 2024
The Australian economy rose 0.2% in seasonally adjusted chain volume measures. GDP rose 1.5% in 2023-24. The terms of trade fell 3.0%. Household saving to income ratio remained at 0.6%. Economic overview: Unless otherwise stated all figures are in seasonally adjusted, chain volume measures. The reference year for chain volume measures is 2021-22. June quarter key figures, percentage changes (a): table Australian economy grew 0.2% in the June quarter 2024 Gross Domestic Product (GDP) rose 0.2%, the eleventh consecutive quarter of ...
- From youtube.com/markets|Jun 11, 2024
Australian Treasurer Jim Chalmers says his country is on track for a soft landing as a result of "moderating inflation and a resilient labor market." He also says that the relationship with China can be "complex to manage" but there are "good economic dividends" from engaging with Beijing. Chalmers speaks to Haidi Stroud-Watts on the sidelines of the Morgan Stanley Australia Summit in Sydney.
- From abs.gov.au|Jun 4, 2024
Key statistics: The Australian economy rose 0.1% in seasonally adjusted chain volume measures In nominal terms, GDP rose 1.4% The terms of trade rose 0.2% Household saving to income ratio fell to 0.9% from 1.6% Economic overview: Unless otherwise stated all figures are in seasonally adjusted, chain volume measures. The reference year for chain volume measures is 2021-22. March quarter key figures, percentage changes (a): table Australian economy grew 0.1% in the March quarter 2024 Gross domestic product (GDP) rose 0.1%, resulting ...
- From news.com.au|Jun 4, 2024
video A rebound in inflation or stickier than anticipated price pressures would force the RBA to hike interest rates again, Reserve Bank governor Michele Bullock has told a senate estimates hearing. “If we think we’re on the narrow path, we can stay basically, pretty much where we are: not ruling anything in, ruling anything out,” she said. “But if it turns out, for example, that inflation starts to go up again or it’s much stickier than we think we’re not getting it down, then we won’t hesitate to move and raise interest rates ...
- From abs.gov.au|Mar 5, 2024
Key statistics: • The Australian economy rose 0.2% in seasonally adjusted chain volume measures • In nominal terms, GDP rose 1.4% • The terms of trade rose 2.2% • Household saving to income ratio increased to 3.2% from 1.9% Economic overview: Unless otherwise stated all figures are in seasonally adjusted, chain volume measures. The reference year for chain volume measures is 2021-22. table Australian economy grew 0.2% in the September quarter 2023 Gross domestic product (GDP) rose 0.2%, driven by government expenditure and private ...
- From business.nab.com.au|Dec 7, 2023
GDP rose by a weaker-than-expected 0.2% q/q (2.1% y/y). On the activity side, revisions, volatility and one-offs muddy the read at the component level, though a clear further slowing in both domestic final demand and GDP growth is evident. Household consumption was flat in the quarter with subsidies on electricity and childcare subtracting from measured growth, though easing supply issues saw a boost to spending on vehicles. On net, these “one-off” factors are broadly offsetting and their impact on growth will wane next quarter. That ...
- From think.ing.com|Dec 6, 2023|1 comment
One clue that today's 3Q23 GDP growth figure was not going to match the optimistic 0.5% consensus expectation was from the contributions to GDP from net exports data released yesterday. That showed a 0.6pp drag on growth, more than the 0.2pp drag expected, and removing most of the 0.8pp boost from the previous quarter. Inventories also dragged down the GDP growth rate. Household consumption has slowed again and made no change over the previous quarter. Household consumption has been slowing continuously since 2Q22, and shows the ...
Released on Dec 3, 2024 |
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Released on Sep 3, 2024 |
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Released on Mar 5, 2024 |
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Released on Dec 5, 2023 |
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