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Australian National Accounts: National Income, Expenditure and Product, March 2023

From abs.gov.au

Key statistics: • The Australian economy rose 0.2% in seasonally adjusted chain volume measures • In nominal terms, GDP rose 2.1% • The terms of trade rose 2.8% • Household saving ratio decreased to 3.7% from 4.4% Economic overview: Unless otherwise stated all figures are in seasonally adjusted, chain volume measures. The reference year for chain volume measures is 2020-21. {tables} Australian economy grew 0.2% in the March quarter 2023 Gross Domestic Product (GDP) rose 0.2%, the weakest result since the COVID-19 Delta lock-down contraction in September 2021. Domestic demand was the primary contributor to GDP growth, ... (full story)

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