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Australia Building Approvals down 1.6% M/M

AUSTRALIA DATA
MNI (Singapore)
  • The seasonally adjusted estimate for total dwellings approved fell 1.6% in August.
  • Private sector dwellings excluding houses fell 11.0%, while private sector houses rose 4.8%, in seasonally adjusted terms.
  • The seasonally adjusted estimate for the value of non-residential building approved rose 40.7%.
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