Australian Q1 GDP Beats Expectations But Isn't Game-Changing

10:15 PM No Comments

The Australian economy expanded at a faster pace than the market was expecting last quarter, underpinned by a surge in exports. Q1 GDP increased 1.1% q/q, beating an expected 0.9% q/q rise. This was largely due to a 4.8% increase in exports over the quarter, which reinforces the RBA's statement



Continue Read...