Gross Domestic Product of Australia grew 0.2% in the third quarter of 2023 compared to the previous quarter. This rate is the same than in the previous quarter.
07 Jun. 2023 Facebook Twitter LinkedIn A manufactured slowdown in the economy is working, with GDP rising just 0.2 per cent this quarter. But rate hikes have yet to make a big enough difference to the inflation dynamics in the economy. In brief: With mortgage repayments rising quickly,...
That is slower than the population growth rate, meaning a fall in GDP per person. One big concern is slowing growth in China, Australia’s biggest trading partner. Australia usually relies on China’s huge appetite for iron ore and coal. Even after it launched a campaign of economic ...
It is anticipated that the revenue will experience an annual growth rate (CAGR 2024-2027) of 0.72%, resulting in a projected market volume of US$145.10m by 2027. In comparison to other countries, United States is expected to generate the highest revenue in the Video Downloads (EST) market...
Inflation rate in St. Kitts and Nevis 2029 Inflation rate in Marshall Islands 2029 Inflation rate for services in Romania 1991-2022 Consumer Price Index (CPI) growth rate in Uzbekistan 2010-2019 Countries with the highest inflation rate in Africa 2023 Respondents who felt the previous year was ...
The December quarter National Accounts show an economy slowing in line with the Reserve Bank’s expectations – with annual GDP growth at 1.5 per cent. This release does not give us reason to fear a significant deterioration in economic activity, as the conditions are in place for a better en...
This CPI calculation methodology was proposed by the Reserve Bank of Australia. The RBA's governing council needs the most objective assessment of consumer inflation. In turn, it is consumer inflation that is considered one of the main factors in the RBA's interest rate change. ...
Australia Central Bank Rate stands at 4.35%, following the most recent adjustment in November 2023.According to Standard & Poor's agency, the Australia credit rating is AAA.The current quotation for Australia 5-Years Credit Default Swap is 10.13 basis points. Correspondingly, the implied ...
By 2040, Southeast Asia is expected to have the world’s fourth-largest economy, with a compound annual growth rate of four percent between 2023 and 2040. The region thus offersopportunities for Australian businessesin a variety of sectors in Southeast Asia ranging from green energy to infrastruct...
The Australia stock market size reached USD 1.8 Trillion in2023. Looking forward, IMARC Group expects the market to reach USD 2.9 Trillion by2032, exhibiting a growth rate (CAGR) of 5.40% during2024-2032. The market is primarily driven by strong economic fundamentals, increasing commodity demand...