Higher numbers than forecast tend to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
The most recent announced value for Gross Domestic Product (QoQ) was 0.8% against a forecast of 0.6%.
Recent economic data has been moderately bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Employment Change s.a. | Bearish change | 49.7K | 17.9K | ||
| Full-Time Employment | Bullish change | -27.7K | 52.5K | ||
| Participation Rate | Bearish change | 66.9% | 66.8% | ||
| Part-Time Employment | Bearish change | 77.3K | -34.6K | ||
| Unemployment Rate s.a. | (no change) | 4.3% | 4.3% | ||
| Consumer Inflation Expectations | Bullish change | 5.2% | 5.9% | ||
| Westpac Consumer Confidence | Bearish change | 1.2% | -12.5% | ||
| S&P Global Composite PMI | Bearish change | 47 | 46.6 | ||
| S&P Global Services PMI | Bearish change | 46.6 | 46.3 |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Economic Activity |
| Frequency: | Quarterly |