The Reserve Bank of Australia’s apparent downward revision to its previously published 3.0% GDP growth forecast for 2018 shows once again that the RBA has been too hopeful. We suspect it will also ultimately conclude that growth in 2019 won’t be as strong as its current forecast of 3.25%.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services