Building approvals for November 2015
-12.7 % m/m
– expected -3.0%, prior was +3.3%, revised from +3.9%
– For the slit up, private sector houses down 0.5% and private sector apartments down 23.0% (apartments can be a ‘lumpy’ data series …and that sure is a big, nasty lump)
-8.4 % y/y
Australia data – Building approvals (November): -12.7% m/m (expected -3.0%)
