March 06, 2024 02:22 GMT
Australia Q4 GDP +0.2% Q/Q
AUSTRALIA DATA
MNI (Singapore)
- Gross domestic product (GDP) rose 0.2%, driven by government expenditure and private business investment.
- In nominal terms, GDP rose 1.4%. Import prices rose 0.8% driven by a weaker Australian dollar.
- The terms of trade rose 2.2%
- Household saving to income ratio increased to 3.2% from 1.9%
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