AUSTRALIAN GDP EXPECTED TO HAVE GROWN 0.7 PCT IN MARCH.
Publication: AsiaPulse News
Publication Date: 01-MAY-06
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SYDNEY, May 1 Asia Pulse - Healthy business investment continues to bolster Australian economic growth, while exports remain questionable following cyclone activity in the first quarter of 2006.
AAP's economic indicator for March shows gross domestic product (GDP) is expected to have grown by an adjusted 0.7 per cent in the first quarter and at an annual rate of 2.7 per cent.
The Australian Bureau of Statistics (ABS) will release March quarter GDP on June 7.
The ABS said GDP rose by a seasonally adjusted...
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