Quarterly growth figure is half the expected rate, dragged down by reduced mining and construction activity and export woes
The economy stuttered during the three months to the end of June, undermined by reduced mining and construction activity coupled with a decline in exports.
Wednesday’s national accounts showed the economy grew at a feeble 0.2% in the June quarter, half the rate expected by economists. It compares with 0.9% growth in the previous three months – one of the fastest quarterly expansions in the world during that period.
Source: The Guardian Circular Economy RSS