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Australia's first-quarter economic growth misses estimates on severe weather, weak demand

The country's GDP expanded 2.5% in the first three months this year, compared to a year earlier, missing economists' expectations for a 2.6% growth.

1 report1 sourceJun 3, 2026, 3:47 AM
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CNBCJun 3, 2026, 3:47 AM

Australia's first-quarter economic growth misses estimates on severe weather, weak demand

The country's GDP expanded 2.5% in the first three months this year, compared to a year earlier, missing economists' expectations for a 2.6% growth.

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