A strong rebound in activity as lockdowns end.
Rebound sets the stage for a strong 2022.
GDP Q3 2021 – A short and sharp fall, now firmly in the rear view mirror.
Large fall sets up “W-shaped” recovery.
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GDP surprises, rising 0.7% q/q.
A soft outcome ahead of a Q3 fall.
GDP Recovers Pre-COVID Levels
Q1 2021 – GDP continues to recover.
Despite a very strong start to the recovery, the economy is likely to have spare capacity for some time.
Rebound continues as Victoria ends lockdown.
The rebound continues.
A strong rebound as the recovery begins. GDP rose by a large 3.3% in Q3, following the sharp 7% fall in Q2.
Large rebound from COVID impacted Q2.
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