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ResolvedMacro Economy

Australia Q1 GDP Growth Misses Estimates Amid Severe Weather and Weak Demand

First Detected: Jun 3, 2026, 2:16 AM
Last Update: 3 months ago
6 articles·4 stories

Event Summary

Australia's Q1 GDP growth missed estimates due to severe weather and weak demand. Following this data, the Australian dollar weakened against the US dollar, with AUD/USD declining. Additionally, AUD/JPY slipped below 114.50 after the weaker-than-expected GDP data.

Timeline

Data Center Boom Drives Australia's Q1 GDP Growth Amid Broader Weakness
Jun 5, 2026, 2:45 AMImpact: 4
AUD/JPY Slips Below 114.50 Following Weak Australian GDP Data
Jun 3, 2026, 10:51 PMImpact: 4
AUD/USD Weakens Following Softer-than-Expected Australian GDP Data
Jun 3, 2026, 6:45 AMImpact: 4
Australia Q1 GDP Growth Misses Estimates Amid Severe Weather and Weak Demand
Jun 3, 2026, 2:16 AMImpact: 6