(Bloomberg) -- Australia's economy probably grew 1
percent in the first quarter, matching the fastest pace in almost
two years, as consumer spending accelerated, according to economists.
Gross domestic product matched the fourth-quarter pace,
according to the median estimate in a Bloomberg News survey of 24
economists. That 1 percent expansion was the fastest since the June
quarter of 2005. The Bureau of Statistics releases the report
tomorrow at 11:30 a.m. in Sydney.
Read more at Bloomberg Bonds News
percent in the first quarter, matching the fastest pace in almost
two years, as consumer spending accelerated, according to economists.
Gross domestic product matched the fourth-quarter pace,
according to the median estimate in a Bloomberg News survey of 24
economists. That 1 percent expansion was the fastest since the June
quarter of 2005. The Bureau of Statistics releases the report
tomorrow at 11:30 a.m. in Sydney.
Read more at Bloomberg Bonds News
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