Australia GDP growth measures how much the economy expanded or shrank last quarter, the broadest read on Australian economic health.
Actual
0.2%
Forecast
0.2%
Previous
0.6%
Australia GDP Growth Rate for Q1 came in at 0.2% versus 0.2% expected (previous 0.6%), in line with forecast.
What it meant for the AUD
The actual landed in line with the 0.2% forecast. A reading above forecast is generally bullish for the AUD, and below forecast bearish.
New to this release? See what Australia GDP Growth Rate measures, the next release and its full history.