A further slowing in growth
Insight
A further slowing in growth
Insight
Below trend growth to continue
Insight
NAB sees a +0.5% q/q (1.9% y/y) GDP print for Q2 2023 which will confirm the slowing in domestic demand we have seen across other indicators. Both ABS retail sales data and our own transactions data points to a flat outcome for consumption following 0.2% growth in Q1.
A soft start to 2023
Insight
A slow start for growth in 2023
Insight
Growth slows as consumption softens
Insight
A solid outcome to round out 2022
Insight
Post-COVID normalisation continues.
Insight
Slowing growth as consumption, trade normalise
Insight
A solid result ahead of a slower H2 2022
Insight
A solid outcome ahead of a slower H2 2022.
Insight
A solid result despite virus disruptions early in the year.
Insight
Imports to weigh on growth despite strong consumption.
Insight
A strong rebound in activity as lockdowns end.
Insight
Rebound sets the stage for a strong 2022.
Insight
GDP Q3 2021 – A short and sharp fall, now firmly in the rear view mirror.
Insight
Large fall sets up “W-shaped” recovery.
Insight
GDP surprises, rising 0.7% q/q.
A soft outcome ahead of a Q3 fall.
Insight
GDP Recovers Pre-COVID Levels
Insight
Q1 2021 - GDP continues to recover.
Insight
Despite a very strong start to the recovery, the economy is likely to have spare capacity for some time.
Insight
Rebound continues as Victoria ends lockdown.
Insight
The rebound continues.
Insight
A strong rebound as the recovery begins. GDP rose by a large 3.3% in Q3, following the sharp 7% fall in Q2.
Insight
Large rebound from COVID impacted Q2.
Insight
Q2 GDP fell by a massive 7% (-6.3% y/y), confirming the large hit to economic activity as a result of the shutdown to limit the COVID-19 pandemic.
Insight
GDP is expected to decline by 5.8% (-5.1% y/y) in Q2 – the largest quarterly fall on record.
Insight
GDP declines on early COVID-19 impacts.
Insight
The calm before the storm.
A moderate outcome pre COVID-19.
A weak result ahead of the Coronavirus outbreak.
Consumer growth slows further.
Private sector stalls.
Household weakness persists.
© National Australia Bank Limited. ABN 12 004 044 937 AFSL and Australian Credit Licence 230686.