Australian Private Capital Expenditure (capex) for Q2 headline -5.9% (expected -8.2%)

Capex data for Australia in the second quarter

Headline is -5.9% for a not as bad as expected result

• expected -8.2% q/q, prior -1.6%

More:

• building capex -4.4 pct q/q, s/adj
• plant/machinery capex -7.6 pct q/q, s/adj