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Australia Q4 Building Work Done -1.1%

AUSTRALIA DATA
MNI (Singapore)

In seasonally adjusted terms in the December quarter:

  • Total construction work done rose 0.7% to $65,440.5m, driven by engineering work, which rose 2.7% in the December quarter and is 15.0% higher than the same time last year.
  • Building work done fell 1.1% to $34,296.9m and is 3.6% higher than the same time last year.
  • Engineering work done rose 2.7% to $31,143.5m.

The trend estimate for total construction work done rose 1.0%.

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In seasonally adjusted terms in the December quarter:

  • Total construction work done rose 0.7% to $65,440.5m, driven by engineering work, which rose 2.7% in the December quarter and is 15.0% higher than the same time last year.
  • Building work done fell 1.1% to $34,296.9m and is 3.6% higher than the same time last year.
  • Engineering work done rose 2.7% to $31,143.5m.

The trend estimate for total construction work done rose 1.0%.