Rise compares with a revised 2.4% economic growth in the March quarter, Australian Bureau of Statistics reveals
Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcast
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.
About Author
More Stories
ECB cuts rates for third time this year as Europe braces for Trump tariffs
Nvidia’s CEO makes surprise visit to Beijing after US restricts chip sales to China
Uyghur rights group calls on hotel chains not to ‘sanitise’ China abuses in Xinjiang