Financial News: Australia GDP Data Due On Wednesday

Australia GDP Data Due On Wednesday

06/03/2025 - 18:00:00 (RTTNews)

(RTTNews) - Australia will on Wednesday release Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.

GDP is expected to rise 0.4 percent on quarter and 1.5 percent on year after rising 0.6 percent on quarter and 1.3 percent on year in the previous three months.

Australia also will see May results for the manufacturing and construction indexes from AiG; in April, their scores were -26.5 and -7.9, respectively.

South Korea will provide Q1 figures for gross domestic product, with forecasts suggesting a decline of 0.2 percent on quarter and 0.1 percent on year after adding 0.1 percent on quarter and 1.2 percent on year in the three months prior.

South Korea also will see May figures for consumer prices; in April, inflation was up 0.1 percent on month and 2.1 percent on year.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

ECB Cuts Interest Rates By 25 Bps As Inflation Forecasts Lowered (02 hr(s), 23 min(s), 02 sec(s) ago)
(RTTNews) - The European Central Bank slashed its interest rates by 25 basis points on Thursday, i ...Full Story»

ECB Cuts Interest Rates By 25 Bps As Inflation Forecasts Lowered (02 hr(s), 25 min(s), 02 sec(s) ago)
(RTTNews) - The European Central Bank slashed its interest rates by 25 basis points on Thursday, i ...Full Story»

Treasury Reveals Details Of Long-Term Securities Auctions (06 hr(s), 27 min(s), 02 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday revealed the details of this month's auctions ...Full Story»

Austria Wholesale Prices Fall 0.5% (07 hr(s), 21 min(s), 02 sec(s) ago)
(RTTNews) - Austria's wholesale prices decreased for the fourth successive month in May, figur ...Full Story»

U.S. Labor Productivity Slumps 1.5% In Q1, Much More Than Previously Estimated (08 hr(s), 02 min(s), 02 sec(s) ago)
(RTTNews) - Revised data released by the Labor Department on Thursday showed U.S. labor productivi ...Full Story»

U.S. Trade Deficit Narrows Substantially In April As Imports Plummet (08 hr(s), 19 min(s), 02 sec(s) ago)
(RTTNews) - Largely reflecting a sharp pullback by the value of the imports, the Commerce Departme ...Full Story»

Eurozone Producer Prices Decline On Energy Prices (08 hr(s), 26 min(s), 02 sec(s) ago)
(RTTNews) - Eurozone producer prices declined for the second straight month in April due to the sh ...Full Story»

U.S. Jobless Claims Unexpectedly Rise To Nearly Eight-Month High (08 hr(s), 38 min(s), 02 sec(s) ago)
(RTTNews) - With the more closely watched monthly jobs report looming, the Labor Department releas ...Full Story»