Australia building approvals fall 6.1% in August, far below expectations

Australian building approvals fell 6.1% month-on-month in August against an expected 1.0% decline, while private sector credit rose 0.6% m/m and 8.4% y/y. Private sector houses rose 3.7% m/m after a 4.2% fall the prior month.

Detected & updated continuously · Source: Nebula