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Editor's Insight: Consumption v production – The best way to measure the economy

Mon, 28 Apr 2014

From Anzac Day, the world’s largest economy will be measured quarterly by a new macro-economic tool that its advocates say will more accurately reflect the scale of business activity.

Gross output will track the total sales from the production of raw materials through intermediate producers

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Editor's Insight: Consumption v production – The best way to measure the economy
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