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Australia's economic growth stays flat at 1.3% in the first quarter from a year earlier, missing estimates

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Summary
Nutrition label

87% Informative

The country's economy grew 1.3% year-on-year in the first quarter , lower than the estimated 1.5% growth among economists polled by Reuters .

The Reserve Bank of Australia slashed rates to its lowest level in two years at its last meeting in May .

Inflation in the country has eased to a four year low of 2.4% in first quarter of 2025 .

VR Score

96

Informative language

99

Neutral language

67

Article tone

informal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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