Higher numbers than forecast tend to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
The most recent announced value for Gross Domestic Product (YoY) was 2.1% against a forecast of 1.8%.
Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Inflation Expectations | (no change) | 4.9% | 4.9% | ||
| Westpac Consumer Confidence | Bearish change | 6% | -5.2% |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Economic Activity |
| Frequency: | Quarterly |