Australian data for Q1 2025 from earlier:
Current Account Balance -14.7bn AUD
Gross Company Profits -0.5% q/q
expected +1.3%, prior +5.9%Business Inventories +0.8% q/q will add to GDP growth (around +0.1 of a point)
expected +0.1%, prior +0.1%+0.7% y/y biggest increase since Q1 2024, driven by a sharp rise in inventories for miners and electricity providers, also rebounded in manufacturingNet Exports Contribution to GDP -0.1%
expected 0.0%, prior +0.2%-
I was slow on this data, time taken up with some important remarks from Bank of Japan Governor Ueda torpedoing JPY lower.
Bank of Japan Governor Ueda comment has slammed the yen lower This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about australian data for q1 2025 business inventories biggest increase since q1 2024 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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