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Australian data: Q3 current account misses big time at -2.3bn AUD (expected +6.2bn)

Australian data: Q3 current account misses big time at -2.3bn AUD (expected +6.2bn)

Australian data for the July, August & September quarter of 2022.

Current account balance comes in at -2.3 bn AUD

  • expected +6.2bn aud
  • prior +18.3bn

Net exports to contribute -0.2% to Q3 GDP

  • expected -0.6%
  • prior +1.0%

Australian GDP data for Q3 will be published on Wednesday, 7 December 2022 at 0030 GMT. The data also show that government spending will net detract from the GDP result. That may well be not such a bad thing give... Read More

Posted: Dec 6 2022, 00:31
Author Name: forexlive
Views: 111690

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