Australia's building approvals climbed more than expected in May, data from the Australian Bureau of Statistics showed Tuesday.
Dwelling permits in May rose 27.3 percent on a month-on-month seasonally adjusted basis. This followed a 7.6 percent decline in the previous month.
Economists expected a 5 percent increase in approvals in May.
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Economic News