Australia's economy grew slower than anticipated in Q3. The seasonally adjusted quarter-over-quarter GDP came in at 0.4%, missing economists' consensus forecast of 0.7% and trailing the previous quarter's 0.6% expansion.
This softer-than-expected growth could signal headwinds for risk assets, though the data still reflects positive momentum. Markets often react to such macro misses, particularly when they reveal divergence from central bank expectations. Worth watching how this plays into broader risk sentiment and whether it influences monetary policy discussions down under.
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Australia's economy grew slower than anticipated in Q3. The seasonally adjusted quarter-over-quarter GDP came in at 0.4%, missing economists' consensus forecast of 0.7% and trailing the previous quarter's 0.6% expansion.
This softer-than-expected growth could signal headwinds for risk assets, though the data still reflects positive momentum. Markets often react to such macro misses, particularly when they reveal divergence from central bank expectations. Worth watching how this plays into broader risk sentiment and whether it influences monetary policy discussions down under.