Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
The typical/expected impact on AUD pairs is high.
There is no forecast value for Gross Domestic Product (QoQ) yet - check back for updates.
The most recent announced value for Gross Domestic Product (QoQ) was 0.3% against a forecast of 0.4%.
Recent economic data has been moderately bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Employment Change s.a. | Bearish change | 60K | 44K | ||
Full-Time Employment | Bullish change | -23.7K | 54.1K | ||
Participation Rate | Bullish change | 67.2% | 67.3% | ||
Part-Time Employment | Bearish change | 83.7K | -10.1K | ||
Unemployment Rate s.a. | Bearish change | 4% | 4.1% | ||
Wage Price Index (QoQ) | Bearish change | 0.9% | 0.7% | ||
RBA Interest Rate Decision | Bearish change | 4.35% | 4.1% | ||
Consumer Inflation Expectations | Bullish change | 4% | 4.6% | ||
Westpac Consumer Confidence | Bullish change | -0.7% | 0.1% |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Economic Activity |
Frequency: | Quarterly |