The Traderszone Network

Published in TZ Latest News 3 October, 2016 by The TZ Newswire Staff

Australia data – Building Approvals (August): -1.8% m/m (vs. expected -6% m/m)

Australian Bureau of Statistics data for Building Approvals, August
-1.8% m/m (lower on the month but a big beat of expectations)
– expected -6% m/m, prior revised higher still to +12.0% from  +11.3%
+10.1% y/y (higher for the y/y along with a huge beat on expectations)