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Reports

National accounts December 2019

Published: 04 Mar 2020

The December 2019 National Accounts released today saw gross domestic product expand by 0.5% through the quarter, above economists' expectations of 0.4 per cent, but slipping from the previous three months upwardly revised 0.6 per cent pace. 

However, unfortunately the RBA’s anticipated ‘gentle turnaround’ in activity appears to have been disrupted by subsequent supply side shocks – the summer bushfires and coronavirus which will show up in the National Accounts next quarter (March 2020).

ISA's economic team has prepared this report. 

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