Business

Australia's Economic Growth Misses Estimates

Updated 2026-06-03 02:05 UTC 1 source Negative

Australia’s first-quarter GDP growth of 2.5% fell short of economists' expectations, attributed to severe weather and weak demand.

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CNBC
The country's GDP expanded 2.5% in the first three months this year, compared to a year earlier, missing economists' expectations for a 2.6% growth.
2026-06-03 01:46 UTC
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