Forex Fundamentals
Australia GDP Growth Rate

Australia GDP Growth Rate 7 June 2023

Australia GDP Growth Rate 7 June 2023: 0.2% for Q1 2023, below the 0.3% forecast and against 0.6% in Q4 2022 (first reported as 0.5%). It is the lowest reading since Q3 2021. It is the fourth release in a row below the forecast. It was released on Wed 7 Jun 2023 at 01:30 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
0.2%
Q1 2023
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 June 2023: 0.2% for Q1 2023 against a 0.3% forecast, with the last 12 releases
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Cite this release

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

Australia GDP Growth Rate 7 June 2023: 0.2% vs 0.3% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-gdp/2023-06-07

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
7 Jun 2023Q10.2%0.3%0.6%
1 Mar 2023Q40.5%0.8%0.7%
7 Dec 2022Q30.6%0.7%0.9%
7 Sep 2022Q20.9%1%0.7%
1 Jun 2022Q10.8%0.5%3.6%
2 Mar 2022Q43.4%3%-1.9%
1 Dec 2021Q3-1.9%-2.7%0.7%
1 Sep 2021Q20.7%0.5%1.9%
2 Jun 2021Q11.8%1.5%3.2%
3 Mar 2021Q43.1%2.5%3.4%
2 Dec 2020Q33.3%2.6%-7%
2 Sep 2020Q2-7%-5.9%-0.3%
The release before:Australia GDP Growth Rate 1 March 2023The release after:Australia GDP Growth Rate 6 September 2023Australia GDP Growth Rate: every recent resultThis week’s economic calendar