ONLY CHARTS #100
Aus Q1 GDP
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1. Australia’s GDP rose just 0.1% q/q and 1.1% y/y in Q1, which was in line with our forecast. Excluding the pandemic, this is the weakest year-ended growth in the Australian economy since Q1 1992.
Measures of Australia’s national income have been broadly unchanged for several quarters amid the decline in the terms of trade.
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