Australian Q1 GDP data due next week - preview

Coming up on Wednesday June 1 at 0130 GMT.

• ANZ are looking for 0.6% q/q, slowing from Q4 of 2021 (a huge +3.4% on the bounce back from Delta lockdowns). ANZ add that there is higher than usual uncertainty for this GDP release.
• NAB are more circumspect, forecasting only +0.1% q/q. NAB citing slow exports and softness in the construction sector.
• Westpac are at 0.2% for the q/q and 2.5% y/y, also citing exports

CBA preview is here:

• Australian Q1 economic growth data - GDP - is due next week. Preview.

This snapshot from the ForexLive economic data calendar, access it here.

• The times in the left-most column are GMT.
• The numbers in the right-most column are the 'prior' (previous month) result.
• The number in the column next to that, where is a number, is the consensus median expected.