Forex Fundamentals
Australia GDP Growth Rate

Australia GDP Growth Rate 7 December 2016

Australia GDP Growth Rate 7 December 2016: -0.5% for Q3 2016, below the 0.3% forecast and against 0.6% in Q2 2016 (first reported as 0.5%). It is the lowest of the last 8 releases. It is the second release in a row below the forecast. It was released on Wed 7 Dec 2016 at 00:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Australian Bureau of Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
-0.5%
Q3 2016
Forecast
0.3%
The market consensus
Previous
0.6%
As the source gives it

What a print like this usually does

Below the forecast: A weak or negative result can weigh on the currency as markets price a softer economy and potentially easier RBA policy.

Australia GDP Growth Rate 7 December 2016: -0.5% for Q3 2016 against a 0.3% forecast, with the last 8 releases
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Cite this release

If you cite this release, please link to this page:

Australia GDP Growth Rate 7 December 2016: -0.5% vs 0.3% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-gdp/2016-12-07

The last 8 releases · times in UTC
ReleasedForActualForecastPrevious
7 Dec 2016Q3-0.5%0.3%0.6%
7 Sep 2016Q20.5%0.6%1.0%
1 Jun 2016Q11.1%0.8%0.7%
2 Mar 2016Q40.6%0.4%1.1%
2 Dec 2015Q30.9%0.8%0.3%
2 Sep 2015Q20.2%0.4%0.9%
3 Jun 2015Q10.9%0.7%0.5%
4 Mar 2015Q40.5%0.5%0.4%(R)
The release before:Australia GDP Growth Rate 7 September 2016The release after:Australia GDP Growth Rate 1 March 2017Australia GDP Growth Rate: every recent resultThis week’s economic calendar