Investing.com - Australian private new capital expenditure fell more-than-expected in the last quarter, official data showed on Thursday.
In a report, Australian Bureau of Statistics said that Australian private new capital expenditure fell to a seasonally adjusted -4.0%, from -5.2% in the preceding quarter whose figure was revised up from -5.4%.
Analysts had expected Australian private new capital expenditure to fall -2.5% in the last quarter.
In a report, Australian Bureau of Statistics said that Australian private new capital expenditure fell to a seasonally adjusted -4.0%, from -5.2% in the preceding quarter whose figure was revised up from -5.4%.
Analysts had expected Australian private new capital expenditure to fall -2.5% in the last quarter.