Really good news for Aussie dollar and what nice forecast cause actual just nailed it!
Australian National Accounts: National Income, Expenditure and Product, Mar 2017
The Australian economy grew by 0.8% in seasonally adjusted chain volume terms in the June quarter. Household final consumption expenditure increased 0.7% and government final consumption expenditure increased 1.2%. Exports of goods and services rose 2.7% for the quarter. Compensation of employees increased 0.7%. The terms of trade fell 6.0% in the quarter. The June quarter 2017 national accounts are affected by revisions published in the June quarter release of International Trade Price Indexes, Australia (cat. no. 6457.0). These revisions relate to coal exports, and are applied back to the September quarter 2016. These price ... (full story)
- Posted: Sep 5, 2017 9:32pm
- Submitted by:Category: High Impact Breaking NewsComments: 2 / Views: 1,751