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Australian Building Approvals 1.8% vs. -0.4% forecast

Published 2017-03-01, 07:30 p/m
Australian Building Approvals 1.8% vs. -0.4% forecast
Investing.com - Australian approvals to build new homes rose more-than-expected last week, official data showed on Thursday.

In a report, Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 1.8%, from -2.5% in the preceding week whose figure was revised down from -1.2%.

Analysts had expected Australian Building Approvals to rise to -0.4% last week.

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