Australia Poised to Dodge Recession Despite Weak Growth Forecasts

recession oil prices inflation

L'essentiel

Economists believe Australia will avoid recession despite a projected contraction in GDP per capita, citing falling oil prices and a tax cut.
While inflation and interest rates remain concerns, future growth is anticipated, boosted by datacenters and AI.

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Economists believe Australia will avoid recession despite a projected contraction in GDP per capita, citing falling oil prices and a tax cut. While inflation and interest rates remain concerns, future growth is anticipated, boosted by datacenters and AI.

Read the full article on Guardian World

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This article was originally published by Guardian World.

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