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Economy And The Numbers

Australia Building Approvals Surge 29.7% In February

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The total number of building permits issues in Australia was up a seasonally adjusted 29.7 percent on month in February, the Australian Bureau of Statistics said on Wednesday - coming in at 19,022.That blew away expectations for an increase of 5.8 percent following the 7.2 percent contraction in January.On a yearly basis, permits climbed 10.8 percent after slumping 15.7 percent in the previous mon...

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