View full page at forexfactory.com

 

Australian National Accounts: National Income, Expenditure and Product, Dec 2015

From abs.gov.au

DECEMBER KEY POINTS •GDP SUMMARY •The December quarter 2015 National accounts show the Australian economy growing by 0.6% in seasonally adjusted chain volume terms. •The major contribution to economic growth this quarter came from Household final consumption expenditure, which contributed 0.4 percentage points, and Public gross fixed capital formation, which contributed 0.2 percentage points to GDP growth. •The growth in Household final consumption expenditure is reflected in growth in the service industries of Information, media and telecommunications (2.7%), Retail trade (1.0%), and •Arts and recreation services ... (full story)

Story Stats

  • Posted:
  • Category: High Impact Breaking News