Forex Fundamentals
Australia GDP Growth Rate

Australia GDP Growth Rate 5 June 2024

Australia GDP Growth Rate 5 June 2024: 0.1% for Q1 2024, below the 0.2% forecast and against 0.3% in Q4 2023 (first reported as 0.2%). It is the lowest reading since Q3 2021. It is the third release in a row below the forecast. It was released on Wed 5 Jun 2024 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
0.1%
Q1 2024
Forecast
0.2%
The market consensus
Previous
0.3%
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 5 June 2024: 0.1% for Q1 2024 against a 0.2% forecast, with the last 12 releases
Sharing this? Please link to this page as the source.Download the chart

Cite this release

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

Australia GDP Growth Rate 5 June 2024: 0.1% vs 0.2% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-gdp/2024-06-05

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
5 Jun 2024Q10.1%0.2%0.3%
6 Mar 2024Q40.2%0.3%0.3%
6 Dec 2023Q30.2%0.4%0.4%
6 Sep 2023Q20.4%0.3%0.4%
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%
The release before:Australia GDP Growth Rate 6 March 2024The release after:Australia GDP Growth Rate 4 September 2024Australia GDP Growth Rate: every recent resultThis week’s economic calendar