Australia Has A$14.149 Billion Current Account Deficit
(RTTNews) - Australia posted a seasonally adjusted current account deficit of A$14.149 billion in the third quarter of 2024, the Australian Bureau of Statistics said on Tuesday.
That missed forecasts for a shortfall of A$10.3 billion following the downwardly revised A$16.351 billion deficit in the three months prior (originally -A$10.7 billion).
The capital and financial account surplus was A$20.084 billion, an increase of A$2.658 million on the Q2 surplus.
The balance on goods and services in seasonally adjusted chain volume terms is expected to contribute 0.1 percentage points to the September quarter 2024 GDP quarterly movement. That missed expectations for 0.4 percent and was down from 0.2 percent in the previous quarter.
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Australia GDP Gains 0.3% On Quarter In Q3
Australia's gross domestic product expanded a seasonally adjusted 0.3 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Wednesday.
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Australia Services Sector Slows In November - Judo
The services sector in Australia continued to expand in November, albeit at a lower pace, the latest survey from Judo Bank revealed on Wednesday with a services PMI score of 50.5.
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Australia Company Operating Profits Sink 4.6% In Q3
Company operating profits in Australia were down a seasonally adjusted 4.6 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Monday.
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Australia Building Approvals Rise 4.2% In October
The total number of building permits issued in Australia was up a seasonally adjusted 4.2 percent on month in October, the Australian Bureau of Statistics said on Monday - coming in at 15,498.
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Australia Retail Sales Rise 0.6% In October
The value of retail sales in Australia was up a seasonally adjusted 0.6 percent on month in October, the Australian Bureau of Statistics said on Monday - coming in at A$36.702 billion.
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Australia Manufacturing PMI Improves To 49.4 In November - S&P Global
The manufacturing sector in Australia continued to contract in November, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 49.4.
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Australia Capex Value Climbs 1.1% In Q3
The value of new capital expenditure in Australia was up a seasonally adjusted 1.1 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Thursday - coming in at A$43.838 billion.
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Australia Construction Work Climbs 1.6% In Q3
The value of construction work done in Australia was up a seasonally adjusted 1.6 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Wednesday - coming in at A$73.344 billion.
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