Economic Buzz: Australia GDP Climbs 3.3% On Quarter In Q3

Economic Buzz: Australia GDP Climbs 3.3% On Quarter In Q3

Dec 02, 2020 09:12 IST capital market

Australias gross domestic product climbed a seasonally adjusted 3.3 percent on quarter in the third quarter of 2020, the Australian Bureau of Statistics said on Wednesday, following the 7.0 percent drop in the second quarter. On a yearly basis, GDP fell 3.8 percent following the 6.3 percent drop in the three months prior.

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