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Australian National Accounts: National Income, Expenditure and Product, June 2025
The Australian economy rose 0.6% in seasonally adjusted chain volume measures. • GDP rose 1.3% in 2024-25. • The terms of trade fell 1.1%. • Household saving to income ratio fell to 4.2% from 5.2%. table Gross Domestic Product (GDP) rose 0.6% this quarter and by 1.8% compared to June 2024. Quarterly growth was driven by domestic final demand led by household and government consumption. Public investment was the largest detractor from growth, while net trade contributed modestly to growth led by exports of mining commodities. GDP grew by 1.3% over the 2024-25 financial year, marking the weakest year on year ... (full story)
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