Australia Construction Work Done Rises 2.2% In Q3
(RTTNews) - The value of construction work done in Australia was up a seasonally adjusted 2.2 percent on quarter in the third quarter of 2022, the Australian Bureau of Statistics said on Wednesday - coming in at A$54.787 billion.
That exceeded expectations for an increase of 1.5 percent following the 3.8 percent contraction in the three months prior.
On a yearly basis, construction work done rose 1.1 percent.
Building work was up 1.2 percent on quarter and down 1.7 percent on year, while residential work rose 1.3 percent on quarter and fell 5.2 percent on year, non-residential work added 1.1 percent on quarter and 3.9 percent on year and engineering work gained 3.4 percent on quarter and 4.9 percent on year.
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Australia Jobless Rate Falls To 4.0%
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Australia Business Sentiment Turns Negative In May: NAB
Australia business confidence turned negative in May underscoring that the economic activity continued to remain subdued into the second quarter, survey results from NAB showed on Tuesday. The business confidence index dropped to -3 in May from +2 in April.
At -6, the forward orders index remained deep in the negative zone.
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Australia GDP Adds 0.1% In Q1
Australia's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Wednesday.
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Australia Services Sector Slows In May - Judo Bank
The services sector in Australia continued to expand in May, albeit at a slower rate, the latest survey from Judo Bank revealed on Wednesday with a services PMI score of 52.5.
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Australia Company Gross Operating Profits Sink 2.5% In Q1
Company gross operating profits in Australia were down a seasonally adjusted 2.5 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Tuesday.
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Australia Has A$4.896 Billion Current Account Shortfall
Australia posted a seasonally adjusted current account deficit of A$4.896 billion in the first quarter of 2024, the Australian Bureau of Statistics said on Tuesday
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Japan Monetary Base Rises 0.9% On Year In May
The monetary base in Japan was up 0.9 percent on year in May, the Bank of Japan said on Tuesday - coming in at 678.824 trillion yen.
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