China recovery clouds rosier outlook for WA’s economy as population grows and house prices run hot: CCIWA

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China recovery clouds rosier

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for WA’s economy as population grows and house prices run hot: CCIWA

Fears over the pace of China’s recovery from a prolonged property and consumer slump will weigh on WA’s economic

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, even as an increase in exports and a growing population offer hopes of modest growth.

The Chamber of Commerce and Industry WA is forecasting a slight rise in the State’s number of unemployed to a still-tight 4 per cent over the remainder of the financial year as higher-for-longer interest rates work to bring down inflation.

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#China #recovery #clouds #rosier #

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#economy #population #grows #house #prices #run #hot #CCIWA

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