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Australian private new capital expenditure -2.2% vs. -1.9% forecast

Published 26/02/2015, 00:30
Australian private new capital expenditure -2.2% vs. -1.9% forecast
Investing.com - Australian private new capital expenditure fell more-than-expected in the last quarter, official data showed on Thursday.

In a report, Australian Bureau of Statistics said that Australian private new capital expenditure fell to a seasonally adjusted -2.2%, from 0.6% in the prior quarter whose figure was revised up from 0.2%.

Analysts had expected Australian private new capital expenditure to fall -1.9% in the last quarter.

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