# Latest GDP figures show economy's slowdown has begun

Page: https://stenobird.com/podcast/abc-news-top-stories-6001594/latest-gdp-figures-show-economy-s-slowdown-has-begun
Text version: https://stenobird.com/podcast/abc-news-top-stories-6001594/latest-gdp-figures-show-economy-s-slowdown-has-begun.md
Podcast: [ABC News Top Stories](https://stenobird.com/podcast/abc-news-top-stories-6001594)
Published: 2026-06-03T05:45:00+00:00
Episode link: https://www.abc.net.au/listen/programs/abc-news-top-stories/naus_gdpexplainermbod_0306/106756070
Audio file: https://mediacore-live-production.akamaized.net/audio/02/l6/Z/3r.mp3
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JSON: https://stenobird.com/v1/public/podcasts/abc-news-top-stories-6001594/episodes/latest-gdp-figures-show-economy-s-slowdown-has-begun
Duration seconds: 191

## Resource

Australia's economy grew at an annual rate of 2.5 per cent in the March quarter, the same as in the previous quarter. But on a quarterly basis, the economy grew by just 0.3 per cent, which was much weaker than the 0.9 per cent recorded in the previous quarter. The rapid slowdown in the quarterly rate of growth coincided with the Reserve Bank's decision to lift interest rates in February and March.

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