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GDP Expectations Marked Higher

AUSTRALIA

Note that sell-side expectation adjustments re: tomorrow’s Q1 GDP print are rolling in after the final round of partials data hit earlier in the day. Firmer than expected inventory and public spending are driving upward revisions, with a range of 0.6-1.1% when it comes to Q/Q GDP growth estimates provided by the major sell-side names that we have seen updated revisions for.

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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