Prior was +0.6% q/qGDP y/y +2.1% vs +2.2% expected Prior y/y was +1.8%Consumption expenditure +0.6% vs +0.9% priorGross fixed capital expenditure +3.0% vs -0.8% priorGDP price index +0.8% vs -0.5% prior
AUD/USD is about 20 pips lower on the kneejerk. We got a hint at a soft number yesterday in the current account data, something I highlighted.
This article was written by Adam Button at investinglive.com.