Australia Q4 GDP 0.4% q/q (prior was 0.6%)

Data for October to December 2017 quarter economic growth in Australia I posted earlier on why the ‘expected’ you read on economic calendars was not quite right:

  • Australian GDP data due today — why what is expected is wrong (too high …)

Anyway, the ‘expected’ was still being reported at 0.5% q/q, and its come in at 0.4%

  • vs. Q3 at 0.6% 

For the y/y, comes in at 2.4%

  • ‘expected’ 2.5%
  • prior 2.8%

more to come      

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