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Australian Building Approvals 2.8% vs. -2.0% forecast

Published 04/05/2015, 02:30
Updated 04/05/2015, 02:35
Australian Building Approvals 2.8% vs. -2.0% forecast
Investing.com - Australian approvals to build new homes rose more-than-expected last week, official data showed on Monday.

In a report, Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 2.8%, from -1.6% in the prior week whose figure was revised up from -3.2%.

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

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