Australian October building approvals -6.4% vs +4.5% expected

  • Australian building approval numbers
Australian building approvals
  • Prior was +12.0%
  • Private house approvals -2.1% vs +4.0% prior
  • Approvals y/y +5.6% vs +12.4% prior

The yearly number offers a bit more of a true view as the monthly numbers (as shown) are really bouncing around.

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