Global Economic News

Australia Building Approvals Sink 6.1% In August

The total number of building permits issued in Australia was down a seasonally adjusted 6.1 percent on month in August, the Australian Bureau of Statistics said on Tuesday said on Tuesday - coming in at 13,991 consents.

That missed forecasts for a decline of 4.3 percent following the upwardly revised 11.0 percent spike in July (originally 10.4 percent).

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by RTTNews Staff Writer

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