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Economy

Australia GDP growth slows in Q2 ahead of COVID lockdown downturn

Country ekes out 0.7% increase amid race to step up vaccinations

People walk through the quiet city center of Sydney during a lockdown to curb the spread of COVID-19 in late August.   © Reuters

SYDNEY (Reuters) -- Australia's economy was already slowing in the June quarter before wide-spread coronavirus lockdowns slammed everything into reverse, leaving the country in a desperate race to vaccinate in the hope of opening up to recovery by Christmas.

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