Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  September 05, 2012 10:56:03

Australia - 2Q GDP growth declined significantly to 0.6%, and fell just beyond the estimates


Australian Statistical Office announced today that its GDP QoQ in 2Q grew by 0.6% compared to 1.4% in the first quarter. The market, on average, allowed growth of 0.7%.
Compared 2Q GDP grew by 3.7%, the largest increase since 2007. In 1Q GDP grew annually by 4.4%.

For the entire first half of the Australian economy has grown rapidly in the last 5 years.

Government spending in 2Q grew by 1.6% and contributed to the overall growth of GDP by three tenths of a percent.
Consumer spending grew by 0.6% and contributed to the overall GDP growth equally.
Construction fell by 1.7% and detract from 0.1% of GDP.
Imports grew in Q2 by 0.9% and overall GDP eased 0.2 percentage points. Development of stocks eased from 0.3 percentage points of GDP.
Savings rate in 2Q rose to 9.2% from 8.9% in 1Q.

RBA in May and June reduced rates twice. Markets expect the 70 percent chance that the next meeting will be further reduced rates.
Was this article: 10 | 8 | 6 | 4 | 2 | 0


Last news from the section Macroeconomics:

St 20:11  FED zvyšuje sazby Markéta Höfferová (Kurzy.cz)
St 17:10  Vzrůstá popularita ETF z umělé inteligence STOX.CZ (Grant Capital)
St 15:12  Jádrová inflace slábne. Zvýší pochybnosti Fedu? Patria (Patria Online)
St 14:36  US: Inflace +1,7 %, čekalo se +1,8% Markéta Höfferová (Kurzy.cz)


Austrálie - HDP ve 2Q výrazně snížil růst na 0,6% a zaostal těsně za odhady

Diskuze a názory

Na dané téma nejsou žádné názory.


Zobrazit sloupec 
Moner | ISIN database | Weather forecast
Česká verze
Kurzy.cz - Akcie cz, kurzy měn, forex, zlato.
Favorite: Prague Stock Exchange Czech crown Czech economy Commodities Gold Trademarks Prague Weather

Copyright © 2000 - 2017

Kurzy.cz, spol. s r.o., AliaWeb, spol. s r.o.,

ISSN 1801-8688