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Reuters
Reuters
Business

Australia government spending rose in first quarter

A construction worker on Sydney's light rail infrastructure project talks on a mobile phone in Australia, May 9, 2017. REUTERS/Jason Reed

SYDNEY (Reuters) - Australian government spending for consumption rose 1.0 percent in the first quarter to an inflation-adjusted A$78.64 billion ($58.74 billion), the Australian Bureau of Statistics reported on Tuesday.

Investment spending by the government and public enterprises dipped 2.7 percent to A$21.14 billion, implying total spending likely made a very small addition to economic growth.

The data will feed into the gross domestic product (GDP) report for the first quarter due on Wednesday.

(Reporting by Wayne Cole)

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