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Australia Gross Domestic Product (GDP) QoQ

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Australia Gross Domestic Product (GDP) QoQ

Frequency

Delivery Method

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Status

 
Latest Release
Dec 07, 2022
Actual
0.6%
Forecast
0.7%
Previous
0.9%
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 higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
Importance:
Country:
Currency: AUD
Source: Australian Bureau of Statistic...
Australia Gross Domestic Product (GDP) QoQ
 
Release Date Time Actual Forecast Previous
Dec 07, 2022 (Q3) 11:30 0.6% 0.7% 0.9%
Sep 07, 2022 (Q2) 12:30 0.9% 1.0% 0.7%
Jun 01, 2022 (Q1) 12:30 0.8% 0.5% 3.6%
Mar 02, 2022 (Q4) 11:30 3.4% -2.7% -1.9%
Dec 01, 2021 (Q3) 11:30 -1.9% -2.7% 0.7%
Sep 01, 2021 (Q2) 12:30 0.7% 0.5% 1.9%

News

Australia trade surplus edges past expectations in October
Australia trade surplus edges past expectations in October By Investing.com - Dec 08, 2022

By Ambar Warrick  Investing.com-- Australia's trade balance was steady in October, data showed on Thursday, as the country’s massive commodity exports weakened slightly while sluggish domestic demand...

Analysis

Greg Peel
The Overnight Report: No Joy By Greg Peel - Dec 08, 2022 1

Bad Moon Rising The ASX200 opened down -50 yesterday ahead of the GDP release, following more weakness on Wall Street. On the release, it fell again to be down -70 points at lunchtime. There followed...

Greg Peel
The Overnight Report: And Again By Greg Peel - Dec 07, 2022

By Greg Peel Data-Dependent In October the RBA shocked the world by hiking by only 25 points when all and sundry were convinced another 50 points would be required to combat inflation. If anything...

Greg Peel
The Overnight Report: The Only Way Is Down By Greg Peel - Dec 06, 2022

Mixed Feelings A 24 point gain for the ASX200 seemed about right yesterday following Friday’s fall. The index was up 50 points at lunchtime, wiping out Friday’s losses, but faded through...

GDP (QoQ) Discussion

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