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%
–
A better than expected result
More:
- Private sector housing approvals +1.4% m/m (and +14% y/y)
From the Australian Bureau of Statistics: