Australia's GDP Expands 0.2% in Q3, Below Forecasts
Australia's GDP Expands 0.2% in Q3, Below Forecasts
Australia's gross domestic product (GDP) increased by 0.2% in Q3, down from 0.4% in Q2 and lower than the market consensus of 0.4%.
澳大利亞的國內生產總值（GDP）在第三季度增長了0.2％，低於第二季度的0.4％，低於市場共識的0.4％。
On a year-on-year basis, the economy expanded by 2.1%, which was consistent with the previous quarter and exceeded the forecast of 1.8%.
經濟同比增長2.1％，與上一季度持平，超過了預期的1.8％。
Why it matters: The central bank is searching for indications of an economic slowdown to assist in achieving its goal of restoring inflation to target. This week, it maintained the cash rate at 4.35%.
爲何重要：央行正在尋找經濟放緩的跡象，以幫助實現其將通貨膨脹率恢復到目標的目標。本週，它將現金利率維持在4.35％。
What has changed: Traders globally have been ramping up rate cuts in the US and elsewhere on expectations that the central banks have done enough to tame inflation. In Australia, recent data shows a softening in employment and inflation figures.
發生了什麼變化：全球交易者一直在加大美國和其他地方的降息力度，因爲他們預計各國央行在抑制通貨膨脹方面做得足夠多。在澳大利亞，最近的數據顯示就業和通貨膨脹數字有所疲軟。
What’s next: The RBA reconvenes in February after an extended summer break, so January’s quarterly inflation report will be key.
下一步是什麼：澳大利亞央行在延長暑假後將於2月份重新開會，因此1月份的季度通脹報告將是關鍵。