Australia's GDP quarter-on-quarter for the first quarter

Australian Bureau of Statistics announced the Australia's GDP quarter-on-quarter for the first quarter on 2025-06-04. The reported figure stands at 0.2%, against a forecast of 0.40%, with the prior figure recorded as 0.60%.

Regarding the Australia's GDP quarter-on-quarter for the first quarter, Actual value > Expected value = Positive for AUD, GDP is the abbreviation for gross domestic product in English, which refers to the total market value of all final products produced and services provided in a country's or region's economy over a specific period (a quarter or a year). A significant increase in a country's GDP reflects robust economic development, rising national income, and enhanced consumer purchasing power. In this case, the country's central bank may raise interest rates and tighten the money supply. A strong economic performance and rising interest rates will increase the attractiveness of the country's currency.

This data holds an importance level of , calculated using Gross Domestic Product (GDP) measures the final market value of all goods and services produced by a country. It is the most commonly used indicator of economic activity. The industry method GDP (or output-based GDP) is the total value added (output minus intermediate consumption) of all industries and service classifications in the economy (measured at basic prices) plus all taxes, minus product subsidies. This concept is adjusted for inflation, and updates Every quarter.

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