Advertisement
Australia GDP Climbs 5.9% On Year In Q3
(RTTNews) - Australia's gross domestic product expanded 5.9 percent on year in the third quarter of 2022, the Australian Bureau of Statistics said on Wednesday.
That was shy of expectations for an increase of 6.2 percent and up from 3.6 percent in the three months prior.
On a seasonally adjusted quarterly basis, GDP picked up 0.6 percent - again missing forecasts and slowing from 0.9 percent in the previous three months.
Capital expenditure was down 0.2 percent on quarter after rising 0.2 percent in Q2, while the GDP deflator added 0.2 percent on quarter after jumping 3.3 percent in the second quarter.
read more
Australia Services PMI Fades In September - S&P Global
The services sector in Australia continued to expand in September, albeit at a slower pace, the latest survey from S&P Global revealed on Friday with a services PMI score of 53.4.
RTTNews
|
vor 12 Tagen
Australia Household Spending Growth Weakens, Trade Surplus Declines
Australia's household spending grew at a slower pace in August and the trade surplus declined sharply as exports of gold decreased dramatically, official data showed on Thursday. Household spending rose only 0.1 percent from July, when consumption grew 0.4 percent, the Australian Bureau of Statistics said. This was the weakest expansion in four months.
RTTNews
|
vor 13 Tagen
Australia Manufacturing Sector Ebbs In September - S&P Global
The manufacturing sector in Australia continued to expand in September, albeit at a slower pace, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI score of 51.4.
RTTNews
|
vor 14 Tagen
Reserve Bank Of Australia Keeps Rate Steady
The Reserve Bank of Australia retained its interest rate after a quarter-point cut last month, as policymakers became cautious over rising inflation. As widely expected, the board governed by Michele Bullock decided to hold the cash rate at 3.60 percent on Tuesday. Previously, the bank had reduced the rate by 25 basis points each in August, May and February.
RTTNews
|
vor 15 Tagen
Australia Private Sector Credit +0.6% On Month In August - RBA
Private sector credit in Australia was up 0.6 percent on month in August, the Reserve Bank of Australia said on Tuesday - in line with expectations and easing from 0.7 percent in July.
RTTNews
|
vor 15 Tagen
Australia Building Consents Slump In August
The total number of building permits issued in Australia was down a seasonally adjusted 6.0 percent on month in June, the Australian Bureau of Statistics said on Tuesday - coming in at 14,744.
RTTNews
|
vor 15 Tagen
Australia Manufacturing PMI Slips To 51.6 - S&P Global
The manufacturing sector in Australia continued to expand in September, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 51.6.
RTTNews
|
vor 22 Tagen
Australia Business Conditions Improve; Confidence Falls
Australia's business conditions improved in August but confidence weakened after four consecutive increases, survey results from NAB showed Tuesday. The business conditions gained two points to 7 in August and remained around its long-run average. The improvement in August reflected gains in employment and profitability, while trading conditions stayed unchanged compared to the prior month.
RTTNews
|
vor 36 Tagen
