Australia economy slows in Q4 as headwinds mount
SYDNEY – Australia’s economy grew at the weakest pace in a year last quarter as strength in trade was offset by rising interest rates and high inflation, and all the signs are a further slowdown lies ahead. Data from the Australian Bureau of Statistics on Wednesday showed real gross domestic product (GDP) rose 0.5 percent … Continue reading Australia economy slows in Q4 as headwinds mount
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