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%)


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)