AnalysisForexAUSTRALIA GDP GROWTH RATE SHRINKS

AUSTRALIA GDP GROWTH RATE SHRINKS

Australia’s GDP  growth rate declines

GDP growth rate QOQ Q1   0.2%  previous 0.6%

GDP growth rate YOY Q1     2.3% previous 2.7%

GDP final consumption  QOQ Q1      0.2%  PREVIOUS 0.4%

GDP report has a greater influence in the financial market, the above GDP details may trigger a downward movement of AUD.

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