Australian Building Approvals for March 2022 -18.5% m/m

  • expected -12.5% m/m, prior +43.5%
  • prior -7.8%

Approvals for private homes -3% m/m

  • prior was +14.6%

Volatility over February and March. Big swings those two months on a m/m basis. Yearly change show a downtrend more obviously though:

Australia permits 05 May 2022

more to come