Australia's economy expands 0.6% in Q4, 3% year-on-year
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SYDNEY] Australia's economy grew by a stronger-than-expected 0.6 per cent in October to December, supported by government and consumer spending, to take the annual rate of expansion to 3 per cent, data showed Wednesday.
The figures released by the Australian Bureau of Statistics beat market expectations of fourth-quarter growth of 0.4 per cent for year-on-year growth of 2.5 per cent.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
