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Australia’s building approvals unexpectedly rise in Oct

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 1, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - The Australian Bureau of Statistics (ABS) showed that the seasonally adjusted estimate for total dwellings approved rose 3.9% in October, marking second consecutive monthly rise.

    The seasonally adjusted estimate for private sector houses fell 2.1% in October while that of the private sector dwellings excluding houses rose 10.6% in Oct, extending the rise for the second month in a row.
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