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Ahead of today's Q1 GDP print it is.......>

AUSTRALIA
AUSTRALIA: Ahead of today's Q1 GDP print it is worth recapping the partial
readings that we have seen:
- Completed Construction Work -1.9% Q/Q; BBG Median 0.0%; Q4 -2.1%
- Private CapEx -1.7% Q/Q; BBG Median +0.4%; Q4 +1.3%
- Company Operating Profit +1.7% Q/Q; BBG Median +2.8%; Q4 +2.8%
- BoP Current Account Balance -$A2.9bn; BBG Median -A$2.9bn; Q4 -A$6.3bn
- Net Exports % Of GDP +0.2, BBG Median +0.2; Q4 -0.2
- BBG consensus looks for GDP growth of +0.5% Q/Q & +1.8% Y/Y vs. +0.2% & +2.3%
respectively in Q4.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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