Treasurer Jim Chalmers said the national accounts, due for release on Wednesday, would reveal an economy that was overall "quite resilient" but performance was patchy.
"The best summary of our expectations for the national accounts, are some parts of our economy will be buffeted by higher interest rates and persistent inflation and global economic uncertainty," he told reporters on Tuesday.
"Other parts of our economy are performing relatively well."
Jim Chalmers says the nation's economy is patchy but overall "quite resilient". (Jono Searle/AAP PHOTOS)
Dr Chalmers' comments drew on several data sources released by the Australian Bureau of Statistics that feed into the official growth figures.
The economy is expected to grow by about 0.5 per cent in the September quarter, up from a 0.4 per cent increase through to June.
On an annual basis, a 1.9 per cent lift in gross domestic product is anticipated, down from a 2.1 per cent increase through to June.
St George Bank senior economist Jarek Kowcza said resilience had been a "consistent theme" throughout 2023.
"While economic growth is slowing, the data continues to show that there remains underlying resilience in the economy," he wrote in a note.
"Households are feeling the pinch and we are in a per-capita recession; however, strong population growth and robust investment are supporting aggregate growth outcomes."
The bank's economists are expecting the economy to expand 0.5 per cent in the December quarter, and predict a 1.9 per cent annual lift.
"While below the long-run average of around 2.5 per cent, this still represents a robust pace of growth, particularly given the headwinds facing the economy."
Pain points for the economy include Australia's consumer-facing industrial sectors as highlighted in the Australian Industry Group manufacturing performance index.
The index sank deeper into contraction in November as demand fell, reaching its lowest reading since the pandemic lockdown of June 2020.
Ai Group chief executive Innes Willox said pressures on consumers due to higher inflation and interest rates was flowing through to the industrial sector.
"Two large industries – the food, beverages and textiles, clothing group and construction – recorded significant declines in November as businesses reported sharp falls in sales," he said.
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