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GDP growth accelerates to 3.1pc, fastest annual pace in 7 quarters

Jacob Greber
Jacob GreberSenior correspondent
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Annual economic growth unexpectedly surged past 3 per cent in the March quarter, beating the government's official forecasts on a surge in exports.

Gross domestic product rose 1 per cent from the December quarter, when it rose by 0.5 per cent, the Australian Bureau of Statistics said on Wednesday.

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Jacob Greber writes about politics, economics and business from Canberra. He has been a Washington correspondent and economics correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com
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    Original URL: https://www.afr.com/news/economy/gdp-growth-accelerates-to-31pc-fastest-annual-pace-in-7-quarters-20180606-h110xb