Australian GDP rose less than expected in Q3

Market news

5 December 2018

Australian GDP rose less than expected in Q3

GDP summary:

The Australian economy grew by 0.3% in seasonally adjusted chain volume terms in the September quarter.
Household final consumption expenditure increased 0.3% during the quarter contributing 0.2 percentage points to GDP growth.
Compensation of employees increased by 1.0%.
Net exports contributed 0.3 percentage points to GDP growth driven by a decline in imports.
The terms of trade rose 0.8%.

The British pound turned negative half-way through the U.S. session on Tuesday, as the U.K. members of Parliament voted that Prime Minister Theresa May's government was in contempt after failing to publish the full legal advice for May's Brexit deal - MW

Fed's Williams: Timing of Future Fed Rates Rises Is Up for Debate

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.