ONLY CHARTS #461
Aus Q2 GDP partials, Aus building approvals, Aus hhold inflation expectations, NZ Q2 trade
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Following the release of final partial Aussie GDP indicators today we have pencilled in almost +0.7% q/q for Q3 GDP growth to be released tomorrow. The RBA had pencilled in around +0.55% q/q in the November SMP.
1. Underlying public demand (ex asset transfers) in Australia rose +1.1% q/q in Q3, contributing +0.3ppts to quarterly GDP growth.
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