Australia Q4 construction work done: -0.2 % q/q (expected -1.0%)

Q4 construction work done -0.2%

  • expected -1.0%
  • prior was -2.8%, revised from -2.2%

Not as bad as median expectations ... on the other hand the prior quarter revised lower (but, hey, June - September 2014 is a long time ago now ...)

  • Engineering construction -0.6% q/q
  • Non-residential building construction -2.9% q/q
  • residential building construction +2.5% q/q

more to come

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