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NAB says terms of trade may restrain Australian growth

ByMike Paterson

Jul 30, 2015

Latest note from National Australia Bank economist David van Garis
– drag from terms of trade would see nominal GDP down 0.2% in Q2, restraining overall nominal growth over the year to +0.8%
AUDUSD still treading water/making its mind up at 0.7314

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By Mike Paterson

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