• Australian GDP rose 0.8% in Q2, less than expected

Market news

6 September 2017

Australian GDP rose 0.8% in Q2, less than expected

  • The Australian economy grew by 0.8% in seasonally adjusted chain volume terms in the June quarter.

  • Household final consumption expenditure increased 0.7% and government final consumption expenditure increased 1.2%.

  • Exports of goods and services rose 2.7% for the quarter.

  • Compensation of employees increased 0.7%.

  • The terms of trade fell 6.0% in the quarter.

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