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Australia GDP Climbs 3.6% On Year In Q2
(RTTNews) - Australia's gross domestic product expanded 3.6 percent on year in the second quarter of 2022, the Australian Bureau of Statistics said on Wednesday.
That exceeded expectations for an increase of 3.5 percent and was up from 3.3 percent in the previous three months.
On a seasonally adjusted quarterly basis, GDP added 0.9 percent - shy of forecasts for an increase of 1.0 percent but still up from 0.8 percent in the three months prior.
Capex was up 0.2 percent on quarter, slowing from 0.7 percent in Q1, while the GDP deflator came in unchanged at 3.3 percent on quarter.
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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.
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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.
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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.
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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.
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Před 41 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.
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RBA Minutes Say May Meeting Is "Opportune" Time To Revisit Policy Setting
Policymakers of the Reserve Bank of Australia said it is important to remain alert to the evolving balance of risks and concluded that the May meeting would be an opportune time to revisit the monetary policy setting, the minutes of the April meeting showed on Tuesday. Members judged that it was not appropriate at this stage for monetary policy to react to the potential risks that could move out
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