National accounts show country among just five worldwide to return to former level as spending in cafes and restaurants rises 14.8% in last quarter
Australia’s economy is back to its pre-pandemic size, after growing 1.8% over the first three months of the year and 1.1% over the past 12 months.
The Australian Bureau of Statistics released the national accounts on Wednesday, which analysts at Deloitte said makes Australia one of just five countries worldwide to have grown its economy relative to pre-Covid levels.
