SYDNEY -- Australia's economy grew by a slight 0.1% in the first quarter of the year, according to figures from the Australia Bureau of Statistics, the slowest pace since the pandemic ended.
Economy
Australia GDP growth slows in Q1, dragged down by high inflation
Rising prices, higher interest rates sap consumer activity
Shoppers walk past a store in Sydney: Australia's statistics bureau reported on June 5 that the country's GDP growth slowed to 0.1% in the January March quarter. © Reuters
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