среда, 29 февраля 2012 г.

FED:Economy in a position of strength:Swan


AAP General News (Australia)
08-31-2010
FED:Economy in a position of strength:Swan

Treasurer WAYNE SWAN says a range of upbeat data released today shows that the Australian
economy is in a strong position .. despite increased global uncertainty.

The data shows a sharp reduction in the current account deficit in the June quarter
due to a surge in exports .. which will add to growth in tomorrow's national accounts.

More up to date data for retail spending and building approvals for July are also stronger
than expected.

Mr SWAN says this data shows that despite increased global uncertainty .. Australia's
economy is in a strong position and continues to benefit from the sound economic management
that saw Australia fight off recession.

AAP RTV cb/af

KEYWORD: ECONOMY SWAN (CANBERRA)

� 2010 AAP Information Services Pty Limited (AAP) or its Licensors.

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