Research

Australia GDP Data Release Q1 2024

Economic growth continues to slow amid higher interest rates and still-persistent inflation

June 06, 2024
Contributors:
  • Ronak Bhimjiani

Australia’s economic growth slowed in the March quarter with GDP rising 0.1%, down from 0.3% in the prior quarter. On an annual basis, GDP rose 1.1%, the slowest rate of annual growth since December 2020.

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