Overview NAB Economics · NAB Economics Forecast Update - October 2023 Our forecasts are unchanged this month with official data, the NAB business survey and our internal transactions data all pointing to ongoing resilience in aggregate. • That said, with the ongoing pass through of higher rates and inflation still...
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Overview • Upwards revisions to past data for household income and profits, as well as partial data pointing to strong growth in Q3, see us revise up our outlook for GDP growth out to mid-2024. • For the full year, we see GDP growth of 2.3% (from 2.1%) in 2023...
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