Economic Buzz: Australia GDP Climbs 3.6% On Year In Q2

7 Sep 2022 , 10:56 AM

Australias gross domestic product climbed 3.6 percent on year in the second quarter of 2022, the Australian Bureau of Statistics said on Wednesday, up from 3.3 percent in the previous three months. On a seasonally adjusted quarterly basis, GDP added 0.9 percent, up from the downwardly revised 0.7 percent in the three months prior (originally 0.8 percent). Powered by Commodity Insights