Australian Bureau of Statistics building approvals data for December
-1.2% m/m
- expected -1.5%, prior +7%
-11.4 % y/y
- expected -10.8% y/y, prior -4.8%
Private House Approvals -1.6% (prior was 0.1%, revised from -0.2%)
ABS:
more to come
-
We had the trade balance for December out at the same time, an enormous beat and a huge revision higher for the prior month: Australia - Trade balance (December): +3.511bn (expected AUD 2bn surplus)
