Australia Net Exports Contribution

AUD
Actual
0.6%
Forecast
0.2%
Previous
-0.6%
Latest Release
Mar 05, 2024
Importance
Overview
Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents. Market influence of GDP Unexpectedly high quarterly GDP growth is perceived to be potentially inflationary if the economy is close to full capacity this, in turn, causes bond prices to drop and yields and interest rates to rise. Where the stock market is concerned on one side higher than expected growth leads to higher profits and that's good for the stock market. On the other, it may increase expected inflation and lead to higher interest rates that are bad for the stock market. Larger than expected GDP growth will tend to appreciate the exchange rate as it is expected to lead to higher interest rates.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Mar 05, 2024 (Q4) 06:00 0.6% 0.2%
-0.6%
Dec 05, 2023 (Q3) 06:00 -0.6% -0.2%
0.8%
Sep 05, 2023 (Q2) 07:00 0.8% -
-0.2%
Jun 06, 2023 (Q1) 07:00 -0.2% 0.7%
1.1%
Feb 28, 2023 (Q4) 06:00 1.1% 1.3%
-0.2%
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