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InstaForex Loprais Team - Official participant of the Dakar rally

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

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2019.12.0323:46:00UTC+00Australia GDP Expands 0.4% On Quarter In Q3

Australia's gross domestic product gained a seasonally adjusted 0.4 percent on quarter in the third quarter of 2019, the Australian Bureau of Statistics said on Wednesday.

That was shy of expectations for an increase of 0.5 percent and down from 0.6 percent in the previous three months.

On a yearly basis, gross domestic product climbed 1.7 percent - in line with expectations and up from 1.4 percent in the three months prior.

Household saving ratio increased to 4.8, while domestic final demand contributed 0.2 percentage points to GDP growth, driven by the public sector.

Net exports contributed 0.2 percentage points to GDP growth, while the terms of trade rose 0.4 percent.

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