Australia's economy grows 0.3% in third quarter, 2.7% on-year
Australia's economy
Sydney - AFP
Australia's economy grew by a weaker-than-expected 0.3 percent in the third quarter, supported by an increase in exports, to take the annual rate of growth to 2.7 percent, data showed Wednesday.
The figures from the Australian Bureau of Statistics were well below analysts' forecasts of 0.7 percent growth for the three months to September and a year-on-year rate of 3.1 percent.
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