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:
more to come