MP3: Economy stalls

05.06.2013

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Economy stalls MP3

Data has shown that the economy has continued to expand in the first three months of this year but at a slower pace than expected. It grew by 0.6 per cent in the March quarter or 2.5 per cent year on year, which is its slowest rate of growth since late 2011.The currency and the share market dived on the news and it seems to be another signal of the fading mining boom. Source: abc.net.au

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