Likelihood Of Recession In Australia 2024. Kpmg australia analysis shows the country is in the midst of a baby recession as births across the country fall by 4.6 per cent year on year. Washington (ap) — the federal reserve’s favored inflation measure remained low last month, bolstering evidence that.

Kpmg australia analysis shows the country is in the midst of a baby recession as births across the country fall by 4.6 per cent year on year. Gross domestic product (gdp) for the march quarter grew at 0.1 per cent.