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Australia Adds 55K Jobs In October
(RTTNews) - The jobless rate in Australia came in at a seasonally adjusted 3.7 percent in October, the Australian Bureau of Statistics said on Thursday.
That was in line with expectations and up from 3.6 percent in September.
The Australian economy added 55,000 jobs last month, blowing away forecasts for an increase of 20,000 jobs following the addition of 6,700 jobs in the previous month.
The participation rate improved to 67.0 percent, beating forecasts for 66.7 percent, which would have been unchanged from September.
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Australia Manufacturing PMI Improves To 52.9 - S&P Global
The manufacturing sector in Australia continued to expand in August, and at a faster rate, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 52.9.
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Australia Consumer Sentiment At 3 1/2 Year High: Westpac
Australia's consumer confidence improved to a three-and-a-half year high in August as the central bank is expected to lower rates further after a third cut this year, monthly survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index rose to 98.5 in August from 93.1 in June.
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Australia Trims Key Interest Rate For Third Time This Year; Cuts Growth Outlook
The Reserve Bank of Australia reduced its benchmark interest rate by a quarter-point for the third time this year as underlying inflation continued to moderate, while economic growth outlook was lowered due to weaker-than-expected recovery in public demand. The board decided to trim the cash rate target by 25 basis points to 3.60 percent. The decision was unanimous.
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Australia June Trade Surplus A$5.365 Billion
Australia posted a seasonally adjusted merchandise trade surplus of A$5.365 billion in June, the Australian Bureau of Statistics said on Thursday.
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Australia Building Approvals Jump 11.9% In June
The total number of building approvals issued in Australia in June was up a seasonally adjusted 11.9 percent on month, the Australian Bureau of Statistics said on Thursday - coming in at 17,076.
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Australia Services Sector Accelerates In July
The services sector in Australia continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 54.1.
RTTNews
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Australia Export Prices Sink 4.5% In Q2
Export prices in Australia were down 4.5 percent on quarter and 3.3 percent on year in the second quarter of 2025, the Australian Bureau of Statistics said on Thursday.
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22 dias atrás
Australia Retail Sales Rise 1.2% In June
Retail sales in Australia were up a seasonally adjusted 1.2 percent on month in June, the Australian Bureau of Statistics said on Thursday - coming in at A$37.906 billion.
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