KSE100 34119.39  ▼ Decreased By 282.03 (-0.82%)
KSE30 14915.41  ▼ Decreased By 157.63 (-1.05%)
BR100 3505.74  ▼ Decreased By 34.89 (-0.99%)
BR30 18243.65  ▼ Decreased By 253.31 (-1.37%)

Business Recorder Logo

Jun 04, 2020 PRINT EDITION
World

Australian economic growth slows to 0.3% in Q3

Sydney: Australia's economic growth stalled in the third-quarter of the year as consumer spending fell, official data sh

December 05, 2018

Sydney: Australia's economic growth stalled in the third-quarter of the year as consumer spending fell, official data showed Wednesday.

The G20 economy grew 0.3 percent between July and September, far below market expectations. The Australian dollar sank against the US dollar on the news.

Copyright AFP (Agence France-Press), 2018