Australia Q3 net export to add 0.2%ppt to Q3 GDP

By Sophia Rodrigues

Published On 03 Dec 2019 , 11:40 AM

Australia net export to contribute 0.2 percentage point to Q3 GDP, data from ABS showed.
Terms of trade was steady in Q3.
Government final consumption expenditure rose 0.9% and is expected to contribute 0.2 percentage points to Q3 GDP
Public gross fixed capital formation increased by A$459m or 1.9%, and is expected to contribute 0.1 percentage point to growth in the September quarter 2019 volume measure of GDP.

 

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