Goods and services inflation – AMP
Will sticky services inflation follow the decline in goods inflation?
Tag: surprising
GDP figures are creeping to Great Depression levels, but there’s more to the story | AMP Capital
GDP figures are creeping to Great Depression levels, but there’s more to the story On September 2, gross domestic product (GDP) data for the June quarter confirmed that Australia is experiencing its first recession since 1991. Australia has recorded backwards growth for the second quarter in a row, with Australian GDP falling by 7% in the June quarter. While the figure is better than forecasts a few months ago – about a 10% …