Australia Home Loans Rise 2.1% On Month In May
(RTTNews) - The value of owner-occupied home loans issued in Australia was up a seasonally adjusted 2.1 percent on month in May, the Australian Bureau of Statistics said on Monday - coming in at A$21.18 billion.
That beat expectations for a decline of 2.0 percent on month following the 7.3 percent contraction in April.
In May, the value of new loan commitments: rose 1.7 percent for housing; rose 5.1 percent for personal fixed term loans; fell 3.5 percent for business construction; and rose 19.5 percent for business purchase of property.
In May, the value of new loan commitments for total housing rose 1.7 percent to A$32.4 billion after a revised fall of 2.8 percent in April.
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Australia Services PMI Slips To 53.6 In April - Judo Bank
The services sector in Australia continued to expand in April, albeit at a slower rate, the latest survey from Judo Bank revealed on Friday with a services PMI score of 53.6.
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Australia Manufacturing PMI Improves To 49.6 In April - Judo
The manufacturing sector in Australia continued to contract in April, albeit at a slower pace, the latest survey from Judo Bank revealed on Wednesday with a manufacturing PMI score of 49.6.
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3 days ago
Australia Private Sector Credit Adds 0.3% In March
Private sector credit in Australia was up 0.3 percent on month in March, the Reserve Bank of Australia said on Tuesday - missing forecasts for 0.4 percent and down from 0.5 percent in February.
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4 days ago
Australia Retail Sales Slump 0.4% In March
The total value of retail sales in Australia was down a seasonally adjusted 0.4 percent on month in March, the Australian Bureau of Statistics said on Tuesday - coming in at A$35.663 billion.
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Australia Consumer Prices Jump 1.0% In Q1
Consumer prices in Australia were up a seasonally adjusted 1.0 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Wednesday.
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10 days ago
Australia Business Conditions Edges Down, Confidence Rises - NAB
Australia's business conditions edged down one point in March, while confidence gained a point and cost pressures softened further, survey results from NAB showed on Tuesday.
The business conditions index fell to 9 in March from 10 in the previous month. Meanwhile, the business confidence indicator rose to 1 from zero in February.
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24 days ago
Australia February Trade Surplus A$7.280 Billion
Australia posted a seasonally adjusted merchandise trade surplus of A$7.280 billion in February, the Australian Bureau of Statistics said on Friday.
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29 days ago
Australia Retail Sales Rise 0.3% In February
The total value of retail sales in Australia was up a seasonally adjusted 0.3 percent on month in February, the Australian Bureau of Statistics said on Friday - coming in at A$35.869 billion.
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29 days ago
