Advertisement
Australia Building Capital Expenditure Falls 2.5% On Quarter In Q2
(RTTNews) - Building capex in Australia was down a seasonally adjusted 2.5 percent on quarter in the second quarter of 2022, the Australian Bureau of Statistics said on Thursday - coming in at A$17.220 billion.
That follows the 0.6 percent decline in the previous three months.
Capex for equipment and machinery was up 2.1 percent on quarter at A$16.687 billion, while overall capex eased 0.3 percent on quarter to A$33.907 billion.
On a yearly basis, building capex rose 1.0 percent, equipment capex climbed 3.2 percent and overall capex gained 2.0 percent.
read more
Australia Inflation Accelerates To 1-Year High
Australia's consumer price inflation accelerated more than expected to a one-year high in July, indicating a more gradual approach to monetary policy easing. The CPI indicator advanced 2.8 percent year-on-year in July, following June's 1.9 percent rise, the Australian Bureau of Statistics reported. This was the strongest since July 2024.
RTTNews
|
2 ngày trước
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.
RTTNews
|
8 ngày trước
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.
RTTNews
|
10 ngày trước
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.
RTTNews
|
17 ngày trước
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.
RTTNews
|
22 ngày trước
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.
RTTNews
|
22 ngày trước
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
|
24 ngày trước
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.
RTTNews
|
29 ngày trước
