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Australian Building Approvals 7.5% vs. -3.5% forecast

Published 08/01/2015, 00:30
Updated 08/01/2015, 00:35
Australian Building Approvals 7.5% vs. -3.5% forecast
Investing.com - Australian approvals to build new homes fell less-than-expected last week, official data showed on Thursday.

In a report, Australian Bureau of Statistics said that Australian Building Approvals fell to a seasonally adjusted 7.5%, from 11.5% in the prior week whose figure was revised up from 11.4%.

Analysts had expected Australian Building Approvals to fall to -3.5% last week.

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