Australia Building Approvals for February +21.6% m/m  (expected 3.0%)

A huge bounce from the January slump, up 21.6% for Australia Building Approvals in February

• expected 3.0% m/m, prior -19.4%

For the y/y, up 20%

As you can see from the past two months this is a 'lumpy data set .... but the strong y/y is encouraging.