
Australia's mining-powered economy expanded a modest 0.6 percent in the three months to September and 2.3 percent on-year, according to data that came in short of consensus Wednesday. The Australian Bureau of Statistics figures compared with analyst forecasts of 0.8 percent for the quarter and 2.6 percent on-year, underscoring a bumpy diversification away from resource drivers of growth for the commodity-rich nation.
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