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Australian GDP rose by 1.1% in Q4
Wednesday, 01 March 2017
News

Australian GDP rose by 1.1% in Q4

The Australian economy recorded broad-based growth of 1.1 per cent in seasonally adjusted chain volume terms in the December quarter 2016, a rebound from the previous quarter’s decline of 0.5 per cent, data from the Australian Bureau of Statistics (ABS) shows. Australia’s Gross Domestic Product (GDP) has now grown 2.4 per cent through the year.

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UK GDP grew by 0.7% in Q4
Wednesday, 22 February 2017
News

UK GDP grew by 0.7% in Q4

UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.7% between Quarter 3 (July to Sept) 2016 and Quarter 4 (Oct to Dec) 2016, revised up 0.1 percentage points from the preliminary estimate of GDP published on 26 January 2017. Upward revisions (due to later data received) within the manufacturing industries is the main reason (these revisions were first published as part of the Index of Production for December 2016 released on 10 February 2017).

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UK GDP grew by 0.6%
Thursday, 26 January 2017
News

UK GDP grew by 0.6%

UK gross domestic product (GDP) was estimated to have increased by 0.6% during Quarter 4 (Oct to Dec) 2016, the same rate of growth as in the previous 2 quarters. Growth during Quarter 4 was dominated by services, with a strong contribution from consumer-focused industries such as retail sales and travel agency services.

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China's GDP up by 6.8%
Friday, 20 January 2017
News

China's GDP up by 6.8%

China’s economy expanded at a slightly faster pace in the fourth quarter, backed by government spending and cheap credit, giving Beijing some breathing room heading into what is expected to be a volatile 2017. The National Bureau of Statistics said gross domestic product (GDP) expanded at an annualized 6.8% in the fourth quarter, up slightly from 6.7% in the previous three quarters and well within the government’s target range of 6.5% to 7%. Analysts in a median estimate forecast annual growth of 6.7% in October-December. Compared to the third quarter, GDP grew 1.7%, official data showed.

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