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Australian economy picks up speed, but managing inflation and rates is getting harder

  • Written by The Conversation
Australian economy picks up speed, but managing inflation and rates is getting harder

Australia’s economy grew at its fastest annual rate in almost three years in the December quarter, rising 2.6%, although this is still modest growth by historical standards.

Gross domestic product (GDP) for the quarter rose 0.8%, picking up from 0.5% in the September quarter, according to the Australian Bureau of Statistics. Both...

Read more: Australian economy picks up speed, but managing inflation and rates is getting harder

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