Australian economic growth data for the April to June quarter, 2025
Q2 GDP +0.6% q/q for a beat
expected +0.5%, prior +0.2%
+1.8% y/y beating also
expected +1.6%, prior +1.3%
The inflation indicator in the figures, GDP Chain Price Index is -0.5%, some good news for the Reserve Bank of Australia.
prior +0.5%
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AUD/USD is not a lot changed, up a few points to around 0.6520
This article was written by Eamonn Sheridan at investinglive.com.