Australia GDP Growth Rate

Australia GDP Growth Rate 1 March 2017

Australia GDP Growth Rate 1 March 2017: 1.1% for Q4 2016, above the 0.7% forecast and up from -0.5% in Q3 2016. It is the highest reading since Q1 2016. 5 of the last 9 releases came in above the forecast. It was released on Wed 1 Mar 2017 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
1.1%
Q4 2016
Forecast
0.7%
The market consensus
Previous
-0.5%
As the source gives it

What a print like this usually does

Above the forecast: A clear beat can support the Australian dollar, particularly if growth is broad and demand is not simply creating more inflation risk.

Australia GDP Growth Rate 1 March 2017: 1.1% for Q4 2016 against a 0.7% forecast, with the last 9 releases
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Cite this release

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

Australia GDP Growth Rate 1 March 2017: 1.1% vs 0.7% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-gdp/2017-03-01

The last 9 releases · times in UTC
ReleasedForActualForecastPrevious
1 Mar 2017Q41.1%0.7%-0.5%
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)