Higher numbers than forecast tend to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
The typical/expected impact on AUD pairs is medium.
There is no forecast value for Gross Domestic Product (YoY) yet - check back for updates.
The most recent announced value for Gross Domestic Product (YoY) was 1.5% against a forecast of 1.4%.
Recent economic data has been strongly bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Employment Change s.a. | Bearish change | 117.6K | -6.6K | ||
Full-Time Employment | Bearish change | 79.4K | 27.9K | ||
National Australia Bank's Business Confidence (QoQ) | Bullish change | -6 | -2 | ||
Participation Rate | Bearish change | 66.7% | 66.6% | ||
Part-Time Employment | Bearish change | 38.2K | -34.5K | ||
Unemployment Rate s.a. | Bearish change | 3.7% | 3.8% | ||
Consumer Inflation Expectations | Bullish change | 4.3% | 4.6% | ||
Westpac Consumer Confidence | Bearish change | -1.8% | -2.4% |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Economic Activity |
Frequency: | Quarterly |