Australia GDP Data Release Q2 2023
Australian economy grows modestly in Q2 2023
- Ronak Bhimjiani
Economic growth slowed at an annual pace in the June 2023 quarter, with GDP rising 2.1% (YoY as at June 2023), down from 2.4% recorded in the prior quarter. On a quarterly basis, GDP rose 0.4% - on par with the prior quarter’s growth rate.