Australia Gross Domestic Product (YoY) below forecasts (1.5%) in 1Q: Actual (1.3%)

Jun 4, 2025

Australia Gross Domestic Product (QoQ) registered at 0.2%, below expectations (0.4%) in 1Q

Australian Dollar remains stronger following Q1 GDP data

The Australian Dollar (AUD) appreciates against the US Dollar (USD) on Wednesday after registering over 0.5% losses in the previous session. The AUD/USD pair remains in positive territory following the release of mixed economic data from Australia.