Breaking News

Australia Gross Domestic Product (GDP) YoY

Latest Release

Dec 04, 2024

Actual

0.8%

Forecast

1.1%

1.0%

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy''s health. A stronger than expected number should be taken as positive for the AUD and a lower than expected number as negative to the AUD.

Importance:

Country:

Currency: AUD

Source: Australian Bureau of Statistic...

Release Date	Time	Actual	Forecast	Previous
Dec 04, 2024 (Q3)	08:30	0.8%	1.1%	1.0%
Sep 04, 2024 (Q2)	09:30	1.0%	1.0%	1.3%
Jun 05, 2024 (Q1)	09:30	1.1%	1.2%	1.6%
Mar 06, 2024 (Q4)	08:30	1.5%	1.4%	2.1%
Dec 06, 2023 (Q3)	08:30	2.1%	1.8%	2.0%
Sep 06, 2023 (Q2)	09:30	2.1%	1.8%	2.4%

News

Australian dollar slides to 4-mth low as soft GDP fuels rate cut bets By Investing.com - Dec 04, 2024

Investing.com-- The Australian dollar weakened sharply on Wednesday after softer-than-expected gross domestic product data spurred increased bets that the Reserve Bank will cut interest rates earlier...

Australia Q3 GDP misses expectations on weak household spending, export prices By Investing.com - Dec 04, 2024

Investing.com-- Australia’s economy grew less than expected in the third quarter despite increased government subsidies, as household spending remained flat and export prices fell due to slowing...

Australia GDP disappoints in Q1 on pressure from inflation, interest rates By Investing.com - Jun 05, 2024

Investing.com-- Australia’s economy grew less than expected in the first quarter, gross domestic product data showed on Wednesday, as weak consumption and softer contribution from exports weighed on...

Analysis

Barbs Fly At North Atlantic Tariff Organisation By Jeffrey Halley - Dec 04, 2019

President Trump's comments that a trade deal may not happen until after the 2020 election sent stock markets into a tailspin overnight, and are spilling over into the Asia Pacific this morning. One...

Week Ahead: Rising Volatility As Markets Await Trade Pact; Oil Slump Continues By Pinchas Cohen - Dec 01, 2019

Investors may be getting impatient once again at the lack of trade progressYields set to keep fallingOil threatening to reverse into a downtrend With the approach of the Dec. 15 deadline for the next...

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