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Australian Building Approvals -4.4% vs. -2.0% forecast

Published 01/06/2015, 02:30
Updated 01/06/2015, 02:35
Australian Building Approvals -4.4% vs. -2.0% forecast
Investing.com - Australian approvals to build new homes fell more-than-expected last week, official data showed on Monday.

In a report, Australian Bureau of Statistics said that Australian Building Approvals fell to a seasonally adjusted -4.4%, from 2.9% in the prior week whose figure was revised up from 2.8%.

Analysts had expected Australian Building Approvals to fall to -2.0% last week.

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