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Australia’s Resource Rich Economy Avoids Recession – Live Trading News


Live Trading News

Australia’s Resource Rich Economy Avoids Recession
Live Trading News
Australia’s resource-rich economy avoided recession by posting strong growth in Q-4, helped by surging commodity prices. GDP grew by 1.1% in Q-4 from the 3rd, and by 2.4% from a year earlier, Q-3 GDP was not revised from an initially reported fall of 0.5%.
With Q4 2016 GDP Report, Economic Recession SlowsTHISDAY Newspapers

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