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 (QoQ) was 0.1% against a forecast of 0.2%.
Recent economic data has been broadly neutral for AUD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Inflation Expectations | Bullish change | 4.1% | 4.4% | ||
Westpac Consumer Confidence | Bullish change | -0.3% | 1.7% | ||
Judo Bank Composite PMI | Bearish change | 52.1 | 50.6 | ||
Judo Bank Manufacturing PMI | Bearish change | 49.7 | 47.5 | ||
Judo Bank Services PMI | Bearish change | 52.5 | 51 | ||
RBA Interest Rate Decision | (no change) | 4.35% | 4.35% |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Economic Activity |
Frequency: | Quarterly |