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%.
澳大利亚的国内生产总值（GDP）在第三季度增长了0.2％，低于第二季度的0.4％，低于市场共识的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%.
经济同比增长2.1％，与上一季度持平，超过了预期的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%.
为何重要：央行正在寻找经济放缓的迹象，以帮助实现其将通货膨胀率恢复到目标的目标。本周，它将现金利率维持在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.
发生了什么变化：全球交易者一直在加大美国和其他地方的降息力度，因为他们预计各国央行在抑制通货膨胀方面做得足够多。在澳大利亚，最近的数据显示就业和通货膨胀数字有所疲软。
What’s next: The RBA reconvenes in February after an extended summer break, so January’s quarterly inflation report will be key.
下一步是什么：澳大利亚央行在延长暑假后将于2月份重新开会，因此1月份的季度通胀报告将是关键。