Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
The most recent announced value for Gross Domestic Product (YoY) was 0.8% against a forecast of 1.1%.
Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Inflation Expectations | Bullish change | 3.8% | 4.2% | ||
Westpac Consumer Confidence | Bearish change | 5.3% | -2% |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Economic Activity |
Frequency: | Quarterly |