Fundamental: Australian Economic Update: Q4 GDP 2022

GDP rose by 0.5% q/q (2.7% y/y) and is now 7.2% above its pre-COVID level. The activity side of the accounts shows that the economy has remained fairly resilient to the interest rate and price pressures through Q4 but that price and cost growth remains elevated and broad-based. The rebalancing of goods versus services spending is now well underway, with the ...     Alert Mar 1, 2023, 1:22pm Fundamental: Australian Economic Update: Q4 GDP 2022 GDP rose by 0.5% q/q (2.7% y/y) and is now 7.2% above its pre-COVID level. The activity side of the accounts shows that the economy has remained fairly resilient to the interest rate and price pressures through Q4 but that price and cost growth remains elevated and broad-based. The rebalancing of goods versus services spending is now well underway, with the ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support