Rise compares with a revised 2.4% economic growth in the March quarter, Australian Bureau of Statistics reveals
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Australia’s economic growth slowed at an annual pace in the June quarter as headwinds from interest rates and a faltering post-Covid recovery in China took their toll.
The country’s gross domestic product rose 2.1% in the April-June period, compared with a revised 2.4% annual rate in the March quarter, the Australian Bureau of Statistics reported on Wednesday.
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