Australia GDP Data Release Q1 2023

Economic growth slows in Q1 2023

June 08, 2023
  • Ronak Bhimjiani

Gross domestic product rose by 0.2% in Q1 2023 marking the sixth consecutive quarter of growth, albeit growth has slowed in the last three quarters. On a year on year basis, the Australian economy grew by 2.3%, slowing from 2.6% observed in the 12 months to December 2022

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