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SYDNEY: Economic growth is slowing as the drag from weak exports and business investment overshadows any strength in consumer spending, according to an AAP survey of 15 economists.
Economic growth is forecast to have slowed to 0.5 per cent in the June quarter, with an annual rate of 2.2 per cent.
That would be slower than the surprisingly strong 0.9 per cent outcome in the March quarter, and 2.3 per cent rise over the 12 months to March, seasonally-adjusted.
