FX.co ★ Australia Q1 GDP Growth Below Estimates

In the first quarter of 2025, the Australian economy expanded by 0.2% quarter-on-quarter, a deceleration from the 0.6% growth recorded in the previous quarter and below the anticipated 0.4% predicted by market analysts. This period marked the 14th consecutive quarter of economic growth, though it was the slowest pace in three quarters. Annually, the GDP grew by 1.3%, maintaining the same rate as in the preceding quarter, yet slightly under the expected 1.5% increase.