Australia's GDP climbed 0.4% in Q4, just half the 0.8% gain economists had expected, while Q3...
Australia's GDP climbed 0.4% in Q4, just half the 0.8% gain economists had expected, while Q3 was revised down to +0.8% from +1%. Year-on-year, the economy grew 2.3%. A housing slump deterred consumer spending and the report covers a period when the eurozone's crisis weighed on Asian demand for commodities.
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