Australia: Economic data 2020 June / or Indicator Jan 2020 March / or 1" Quarter 2020 April 2020 May 2020 2 0 Quarter 2020 GDP growth (% change in RGDP - X annual, yoy) X GDP growth (% change from previous qtr) X X Exports of goods (A$ billion) 39.19 42.08 37.48 X X Imports of goods (A$ billion) 34.52 31.45 29.61 X X Net Exports of goods & services (Current A/C) (ASbillion) 8.40 X Unemployment rate (%) 5.3 5.2 6.4 X X Inflation rate - GDP deflator 104.58 105.72 X Exchange rate (USD per AUD .704 0.58 0.65 X - 20 Mar - 31* May 30th June Note: Exports, imports and net exports are in hundreds of millions e.g. $4208 = $42,080,000,000 or $42.08 billion. You are advised to refer to the summary at top of the data page for 'clarification'. 3. What explanation (identity and explain two factors) can be given for the change to the AUD (Australian dollar) relative to the USD since its low of 0.58 USD in February