
Australia’s GDP expands more than expected; fastest pace since September 2023
2025-09-03 10:24:08 source:CNBC
September 2, 2025
Australia’s economy expanded more than expected in the second quarter of the year, marking the fastest pace of growth since September 2023.
The country’s GDP grew 1.8% year over year, higher than the 1.6% expected by economists polled by Reuters, and higher than the 1.3% seen in the previous quarter.
On a quarter-over-quarter basis, Australia’s GDP grew 0.6%, compared to 0.5% forecast in the Reuters poll.
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