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Australian Business Investment Plunges More Than Expected In Q1

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 26, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Private capital expenditure in Australia dropped more than expected in the first quarter, a further sign the risks for Australia's March quarter GDP data appear to be building to the downside. According to the Australian Bureau of Statistics, business investment plunged 5.5% to $30.613 billion in the three months through[​IMG]

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