Goldman Sachs revises its Australian GDP forecast down - negative for Q1

Author: Eamonn Sheridan | Category: News

GS sees Q1 at -0.3% q/q

  • For 2020 projects 2.1% against 2.4% previously
On NZ, sees -0.1% in Q1
  • and 2.3% for 2020 against 2.5% previous forecast
Contractions in both projected by GS. Could get ugly if no Q2 bounce back. 
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