Australia’s economy grows less than expected at 0.2% in Q2, misses market expectations

seekingalpha09-04

The Australian economy grew by 0.2% q/q in Q2 of 2024, holding steady for the third quarter while falling short of market forecasts of 0.3%, marking the 11th period of quarterly growth but remained at...

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More on Australia  Australia's August manufacturing PMI remains in contraction for seventh consecutive month Australia’s monthly CPI indicator rise hotter than expected in July to 3.5% Y/Y RBA minutes: No near-term rate cut expected as inflation persistently remains above target Australia's Q2 inflation rate rises as expected, monthly CPI inflation eases to 3.8% Australia reports Q1 GDP growth of 0.1% below estimates","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2464454311"}