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Australian Building Approvals 3.1% vs. 2.0% forecast

Published 04/04/2016, 11:30 am
Updated 04/04/2016, 11:35 am
Australian Building Approvals 3.1% 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 3.1%, from -6.6% in the preceding week whose figure was revised up from -7.5%.

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

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