Australia Q4 Net exports as a % of GDP: -0.50% (expected -0.60%)

Not as bad as was expected … is that good news? More like ‘it could have been worse’ news. 

Net exports
as a % of GDP for Q4:  %   

  • expected -0.60% ,
    prior was 0.0%

Q4 2017 …. its old news anyway …. the focus today was on retail sales (separate post)
—For background to this:

  • Australia data preview — Public demand (key growth driver & GDP input)
  • Australia data preview — Q4 net exports due Tuesday (GDP data input)
  • Australia data preview — Q4 net exports due 0030 GMT

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