Q3 2022

Q3 2022

December 7, 2022

Australian seasonally adjusted real GDP rose 0.6% in Q3 2022, slightly less than the 0.7% expected by the markets. The annual growth rate accelerated to 5.9%, reflecting a low statistical base from the previous year. The market consensus was for a 6.3% YoY gain. Western Australian real state final demand rose 0.6%, to be 3.3% up through the year.

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