Tag: AustraliaQ1

Summary of main economic information for Wednesday 15 January 2020

0 commentsNewsAustraliaQ1economyrecessionshrinkssight

Australia-Q1 economy shrinks, recession in sight

SYDNEY, June 3 (Reuters) – The Australian economy has contracts in the first quarter when the country was hit by large fires and by the health crisis linked to coronavirus, which has caused business closings and losses jobs, foreshadowing of the first technical recession for three decades. According to data released Wednesday by the National ….  Read More