Overview
- Australia’s Q3 GDP rose 0.4% quarter-on-quarter and 2.1% year-on-year, with private investment—especially data centre and machinery outlays—and household consumption driving gains, while inventories and net trade detracted.
- ABS data show domestic final demand added 1.1 percentage points to growth as the savings rate rose to 6.4%, reinforcing the RBA’s caution about further easing given persistent inflation and signs the economy is near potential.
- India reported 8.2% year-on-year growth for July–September, boosted by consumption and manufacturing, yet economists flagged deflator effects and the late-September GST 2.0 timing as distortions, with October IIP slowing to 0.4%.
- The OECD kept India’s FY26 growth forecast at 6.7% and estimated higher U.S. tariffs will trim roughly 0.4 percentage points from output, urging deeper trade integration and noting scope for further monetary easing if inflation stays contained.
- South Africa’s economy expanded 0.5% in Q3 for a fourth straight quarterly gain with nine of ten industries growing, though economists say full‑year growth likely remains under 1%, while a Reuters poll sees Brazil’s Q3 GDP up a modest 0.2%.