Australian Q4 2021 GDP 3.4% q/q (vs. expected 3.0%)3.4% q/q expected 3.0%, prior -1.9% 4.2% y/yexpected 3.7%, prior 3.9%An inflation indicator in the data, the 'chain price index', is -0.6% vs prior +0.5%Consumption was +4.4%, a big contributor to growth. Capex and government spending (fiscal policy is beginning to become contractionary) weighed on
Source: Australian Q4 2021 GDP 3.4% q/q (vs. expected 3.0%) (https://www.forexlive.com/news/australian-q4-2021-gdp-34-qq-vs-expected-30-20220302/)
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