AUD News

Australia's gross domestic product added 3.6 percent on year in the second quarter of 2022, the Australian Bureau of Statistics said on Wednesday.

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The manufacturing sector in Australia continued to expand in September, and at a fractionally higher pace, the latest survey from S&P Global revealed on Friday with a Manufacturing PMI score of 53.9.

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The value of retail sales in Australia was up a seasonally adjusted 0.6 percent on month in August, the Australian Bureau of Statistics said on Wednesday - coming in at A$34.881 billion.

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Australia posted a seasonally adjusted merchandise trade deficit of A$8.324 billion in August, the Australian Bureau of Statistics said on Thursday.

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Australia's business conditions improved on the back of very high trading conditions in September, while sentiment deteriorated notably, data from National Australia Bank showed Tuesday.

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The unemployment rate in Australia came in at a seasonally adjusted 3.5 percent in September, the Australian Bureau of Statistics said on Thursday.

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The manufacturing sector in Australia continued to expand in October, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 52.8.

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Consumer prices in Australia surged 7.3 percent on year in the third quarter of 2022, the Australian Bureau of Statistics said on Wednesday. On a seasonally adjusted quarterly basis, inflation climbed 1.8 percent - unchanged from the second quarter.

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The total number of building permits issued in Australia was down a seasonally adjusted 5.8 percent on month in September, the Australian Bureau of Statistics said on Wednesday - coming in at 16,455.

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The total value of retail sales in Australia was up a seasonally adjusted 0.6 percent on month in September, the Australian Bureau of Statistics said on Friday - coming in at A$35.096 billion.

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