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Australian Building Approvals 2.4% vs. 1.0% forecast
(MENAFN- FxPro) Australian approvals to build new homes rose more-than-expected last week, official data showed on Wednesday.
In a report, Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 2.4%, from -5.2% in the preceding week whose figure was revised down from -4.4%.
Analysts had expected Australian Building Approvals to rise to 1.0% last week.
In a report, Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 2.4%, from -5.2% in the preceding week whose figure was revised down from -4.4%.
Analysts had expected Australian Building Approvals to rise to 1.0% last week.
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