Earlier posts:
- More responses to Australian GDP data coming in
- Australia Q1 GDP data a beat - responses (and some the 'yeah ... but' takes)
- Data here: Australia Q1 GDP +1.0% q/q (expected 0.9%)
Still getting a few coming in:
Capital Economics expect that a lot of the softness in consumption will linger:
- still subdued real income growth
- weakening housing market
On exports:
- strength of net exports will (not) be sustained … there was an element of catch-up
