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Patrick Commins

RBA gets GDP growth wrong, but says it will pick up

Patrick ComminsColumnist
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"Over recent times, our economy has been going through a soft patch," Reserve Bank governor Philip Lowe said last week.

He was referring to the latest national accounts figures, which showed GDP expanded by a paltry 1.4 per cent over the year to June - the weakest annual pace in around a decade.

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Patrick Commins reports and comments on trends and news in domestic and global investment markets. Connect with Patrick on Twitter. Email Patrick at p.commins@afr.com
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    Original URL: https://www.afr.com/policy/economy/rba-gets-gdp-growth-wrong-but-says-it-will-pick-up-20190927-p52vkz