Advertisement
Australia GDP Adds 0.2% On Quarter In Q1
(RTTNews) - Australia's gross domestic product expanded a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Australian Bureau of Statistics said on Wednesday.
That missed expectations for an increase of 0.4 percent and was down from 0.6 percent in the three months prior.
On an annualized basis, GDP was up 1.3 percent - again shy of forecasts for an expansion of 1.5 percent and steady from the previous quarter.
GDP capex was up 0.1 percent on quarter, slowing from 0.7 percent in the previous three months, while final consumption also slowed, to 0.2 percent on quarter from 0.5 percent.
read more
Australia Services PMI Ebbs In May - S&P Global
The services sector in Australia continued to expand in May, albeit it at a slower pace, the latest survey from S&P Global revealed on Wednesday with a services PMI score of 50.6.
RTTNews
|
Před 3 dny
Australia Manufacturing PMI Slows In May - S&P Global
The manufacturing sector in Australia continued to expand in May, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.0.
RTTNews
|
Před 5 dny
Australia Manufacturing PMI Steady At 51.7 In May - S&P Global
The manufacturing sector in Australia continued to expand in May, and at a steady pace, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 51.7.
RTTNews
|
Před 16 dny
Australia Cuts Key Interest Rate For Second Time This Year
Australia's central bank lowered its benchmark rate by a quarter-point for the second time this year as risks to inflation became more balanced, while uncertainties regarding economic outlook increased due to trade protectionism measures. The policy board of the Reserve Bank of Australia, governed by Michele Bullock, decided to cut the cash rate target to 3.85 percent from 4.10 percent.
RTTNews
|
Před 18 dny
Australia NAB Business Confidence Rises, Conditions Fall
Australia business confidence improved in April, while conditions deteriorated due to weaker profitability, survey results from NAB showed on Tuesday. The business confidence index rose to -1 in April from -3 in March but remained negative. Confidence by industry was mixed, with a significant increase in confidence in manufacturing and smaller increases in wholesale, construction, and finance.
RTTNews
|
Před 25 dny
Australia Services PMI Slips In April - S&P Global
The services sector in Australia continued to expand in April, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a services PMI score of 51.0.
RTTNews
|
Před 33 dny
Australia Manufacturing PMI Drops To 51.7 In April - S&P Global
The manufacturing sector in Australia continued to expand in April, albeit at a slower rate, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI score of 51.7.
RTTNews
|
Před 45 dny
Australia Employment Rebounds In Q1
Australia's employment rebounded in the first quarter and the jobless rate rose only slightly, suggesting that the labor market remained resilient, data from the Australian Bureau of Statistics showed Thursday. The unemployment rate rose to 4.1 percent from downwardly revised 4.0 percent in the December quarter. The rate was expected to advance to 4.2 percent.
RTTNews
|
Před 51 dny
