Australia Freight Transport Report Q1 2015

Business Monitor International
November 5, 2014
83 Pages - SKU: BMI5372015
Countries covered: Australia

Australia Freight Transport Report Q1 2015

With growth across the Australian freight mix set to be fairly muted in 2015, it is clear that the ongoingweakness in Chinese demand growth is keeping commodity prices subdued, and global disinflation trendsare also remaining intact. With China such an important trade partner to Australia, the latter cannot help butsee its freight industry detrimentally affected as a result.

Having said that, we revised up our real GDP growth forecast for 2014 to 2.8% from 2.3% previously inSeptember 2014, given the stronger-than-expected growth rate seen in H1 2014. However, we remain belowconsensus, and expect growth to slow to 2.3% in 2015 as the strong construction picture struggles tocounteract the weakness in external demand.



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