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Economic activity increased 1 8% in March quarter: Australia

Australia s economy booms to pre-pandemic levels as consumers, businesses spend

Australia economy climbs back to pre-pandemic size

Australia GDP growth beats f cast, back to pre-pandemic time | WSAU News/Talk 550 AM · 99 9 FM

Australia GDP growth beats f cast, back to pre-pandemic time

Australia s economy booms to pre-pandemic time as consumers, businesses spend Reuters 1 hr ago By Swati Pandey © Reuters/LOREN ELLIOTT FILE PHOTO: People cross a busy street under holiday decorations in the city centre of Sydney By Swati Pandey SYDNEY (Reuters) -Australia s economy extended its rapid recovery in the first quarter as consumers and businesses spent with abandon, lifting output back above where it was last year when pandemic lockdowns tipped the country into recession. The economy expanded by a real 1.8% in the three months to March, data from the Australian Bureau of Statistics (ABS) showed. Economists in a Reuters poll had forecast a 1.5% rise following an upwardly revised 3.2% gain in the fourth quarter.

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