Expect a soggy GDP reading for the September quarter

Sun, 16 Dec 2018

By Jenny Ruth Dec. 17 (BusinessDesk) - September quarter gross domestic product data due for release on Thursday is expected to reflect an economy running out of puff after the very strong June quarter performance. Economists are expecting the figures to show the economy grew 0.5-0.6 percent in the September quarter, a touch weaker than the Reserve Bank's 0.7 percent forecast and down from the 1 percent growth in the June quarter. “It's going to look weak following such a strong figure in June that was such a bumper result which was so...

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