Australia – Building approvals for July: +2.5% m/m (vs. expected at +1.9%) via ForexLive

Building approvals for July

For the m/m,  +2.5%

• expected +1.9%, prior was -5.0%

For the y/y,  +9.4%

• expected +7.8%, prior was +16.0%

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A better than expected result

More:

• Private sector housing approvals +1.4% m/m (and +14% y/y)

From the Australian Bureau of Statistics:

posted via ForexLive