Australian GDP rose 0.6% in Q3 vs 0.7% expected

Market news

6 December 2017

Australian GDP rose 0.6% in Q3 vs 0.7% expected

The Australian economy grew by 0.6% in seasonally adjusted chain volume terms in the September quarter.
Compensation of employees increased 1.2%.
17 of 20 industries recorded positive growth this quarter.
New engineering construction increased 6.3%.
Household final consumption expenditure increased 0.1% for the quarter.

German Economy Ministry says third consecutive rise in orders, record-high business confidence suggest manufacturing sector likely to remain on upward trend

German factory orders rose more than expected in October

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