Australia Has A$4.896 Billion Current Account Shortfall
(RTTNews) - Australia posted a seasonally adjusted current account deficit of A$4.896 billion in the first quarter of 2024, the Australian Bureau of Statistics said on Tuesday
That was well shy of estimates for a surplus of A$5.9 billion and down sharply from the downwardly revised A$2.667 billion surplus in the three months prior (originally A$11.8 billion).
The balance on goods and services in seasonally adjusted chain volume terms is expected to detract 0.9 percentage points from the March quarter 2024 GDP quarterly movement.
The terms of trade increased 0.2 percent to 94.9, up from 94.7 in December quarter 2023.
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Pred 1 dňom
Australia Has A$4.609 Billion Trade Surplus
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Pred 1 dňom
Australia Holds Interest Rate At 13-Year High
Australia central bank maintained its interest rate for the eighth straight session at a 13-year high on Tuesday as underlying inflation remains too high. The policy board of the Reserve Bank of Australia governed by Michele Bullock decided to hold the cash rate target at 4.35 percent. The bank had previously changed its rate in November 2023, when it was lifted by 25 basis points.
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Pred 3 dňami
Australia Services Sector Accelerates In October - Judo Bank
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Pred 3 dňami
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Pred 7 dňami
Australia Manufacturing PMI Improves To 47.3 - Judo Bank
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Pred 8 dňami
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Consumer prices in Australia were up a seasonally adjusted 0.2 percent on quarter in the third quarter of 2024, the Australian Bureau of Statistics said on Wednesday.
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Pred 9 dňami
Australia Manufacturing PMI Sinks To 46.6 In October - Judo Bank
The manufacturing sector in Australia continued to contract in October, and at a slightly faster pace, the latest survey from Judo Bank revealed on Thursday with a manufacturing PMI score of 46.6.
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Pred 16 dňami
