Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
The most recent announced value for Gross Domestic Product (QoQ) was 0.4% against a forecast of 0.7%.
Recent economic data has been broadly neutral for AUD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (YoY) | Bullish change | 1.8% | 2.1% | ||
| AiG Industry Index | Bearish change | -11.2 | -12.5 | ||
| S&P Global Composite PMI | (no change) | 52.6 | 52.6 | ||
| S&P Global Services PMI | Bullish change | 52.7 | 52.8 | ||
| Building Permits (MoM) | Bearish change | 11.1% | -6.4% | ||
| Private Capital Expenditure | Bullish change | 0.4% | 6.4% | ||
| S&P Global Composite PMI | Bullish change | 52.1 | 52.6 | ||
| S&P Global Manufacturing PMI | Bullish change | 49.7 | 51.6 | ||
| S&P Global Services PMI | Bullish change | 52.5 | 52.7 |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Economic Activity |
| Frequency: | Quarterly |