The ABS is out with December QTR GDP and the news is weakness with 0.2 on the QTR and 2.3% on the year, a big miss on the 2.6% expected (presumably on downward revisions):
DECEMBER KEY FIGURES
![]() | ![]() |
Sep Qtr 2018 to Dec Qtr 2018 |
Dec Qtr 2017 to Dec Qtr 2018 |
![]() | ![]() |
% change |
% change |
| |||
GDP (Chain volume measure) | ![]() | ![]() | |
![]() | Trend |
0.3 |
2.3 |
![]() | Seasonally adjusted |
0.2 |
2.3 |
Final consumption expenditure (Chain volume measure) | ![]() | ![]() | |
![]() | Trend |
0.7 |
3.0 |
![]() | Seasonally adjusted |
0.8 |
2.9 |
Gross fixed capital formation (Chain volume measure) | ![]() | ![]() | |
![]() | Trend |
-0.2 |
1.0 |
![]() | Seasonally adjusted |
-1.0 |
1.2 |
GDP chain price index | ![]() | ![]() | |
![]() | Original |
1.4 |
3.6 |
Terms of trade | ![]() | ![]() | |
![]() | Seasonally adjusted |
3.1 |
6.0 |
Real net national disposable income | ![]() | ![]() | |
![]() | Trend |
0.5 |
3.0 |
![]() | Seasonally adjusted |
1.2 |
3.7 |
|
More to come.