Economics Weekly – Mixed data ahead of Q1 24 GDP

CommBank Global Economic & Markets Update podcast

The Australian economic data flow over the past week has highlighted three key themes. Soft retail sales data reinforced a weak household sector. A stronger than expected monthly CPI print led to questions over the stickiness of inflation. While capex data reinforced the positive contribution that investment is making in the economy. In this podcast Belinda Allen, Senior Economist and Stephen Wu, Economist dive into the latest data prints and what it means for the RBA. A preview of the Q1 24 GDP print is also included.

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