Australian GDP data for Q2 is due tomorrow
The consensus forecast had been +0.4% .... that may be lower now ... I'll check
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Wpac (Sean Callow):
- Government spending probably enough to help Australia avoid negatvie GDP in Q2
- With 0.6ppt contribution. 3% q/q is biggest rise since Q1 2010, unexpected
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OK ... just checked the Bloomberg consensus forecast and no change from +0.4%
I reckon that will change ....
Due at 0130GMT on Wednesday 2 September 2015, so will look again in the morning (my time)
