Oz Blog News Commentary

CBA: Q1 GDP to fall 0.3%

June 2, 2020 - 15:40 -- Admin

CBA’s head of Australian economics, Gareth Aird, forecasts that tomorrow’s March quarter GDP will fall by 0.3%: Key Points: We expect Q1 real GDP to contract by 0.3%. Annual growth, revisions aside, should dip to 1.4%. Household consumption, dwelling investment and business investment are all expected to fall inQ1. Public investment and net exports will

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