The Australian Bureau of Statistics released its building permits data on Tuesday. Building permits in Australia climbed 3.0% in April, beating expectations for a 3.0% fall, after a 2.9% rise in March. March’s figure was revised down from a 3.7% increase.
Building permits for private sector houses rose 0.2% in April, while building permits for private sector dwellings excluding houses plunged 2.3%.
The seasonally adjusted estimate of the value of total building approved was up 1.1% in April.
On a yearly basis, building permits increased 0.7% in April, after a 5.4% decrease in March.
The post Building permits in Australia climb 3.0% in April appeared first on forex-analytics.press.