The net exports data is an input to tomorrow's Q3 GDP

Comes in at 0.4 %, better than median consensus estimated

  • expected 0.3%
  • prior 0.1%

The headline number is BoP Current Account balance for Q3, comes in at AUD-10.7 bn

expected AUD -10.2bn

  • prior revised to AUD -12.1bn from AUD -13.5bn

More (reported separately but relevant to tomorrow's GDP print):

  • Q3 government consumption will add 0.1% to GDP
  • Q3 investment will add 0.2% to Q3 GDP

As I post, expectations for Q3 GDP (due Wednesday 6 Dec. at 0030GMT):

  • +0.6% q/q
  • +3.3% y/y