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Australia Construction Work Climbs 0.5% In Q4

RTTNews | il y a 16h 4min

Australia Construction Work Climbs 0.5% In Q4

(RTTNews) - The value of total construction work done in Australia was up a seasonally adjusted 0.5 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Wednesday - coming in at A$73.936 billion.

That was shy of expectations for an increase of 1.0 percent and down from 1.6 percent in the three months prior.

On a yearly basis, construction work was up 1.8 percent.

Individually, building construction was down 0.7 percent both on quarter and on year, at A$38.297 billion. Residential construction was up 0.9 percent on quarter and 5.7 percent on year at A$23.721 billion. Non-residential construction sank 3.1 percent on quarter and 9.6 percent on year at A$14.576 billion. Engineering construction added 1.8 percent on quarter and 4.6 percent on year at A$35.639 billion.

Tags: AUD

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Australia Inflation Steady At 2.5%

Australia Inflation Steady At 2.5%

Australia's consumer price inflation unexpectedly remained unchanged in January supporting the case for further monetary policy easing. The consumer price index registered a steady growth of 2.5 percent in January, data from the Australian Bureau of Statistics showed on Wednesday. Prices were expected to climb 2.6 percent.

RTTNews | il y a 10h 47min

Australia Jobless Rate Ticks Up To 4.1% In January

Australia Jobless Rate Ticks Up To 4.1% In January

The unemployment rate in Australia came in at a seasonally adjusted 4.1 percent in January, the Australian Bureau of Statistics said on Thursday - in line with expectations and up from 4.0 percent in December.

RTTNews | il y a 6

Australia Wage Price Index Adds 0.7% In Q4

Australia Wage Price Index Adds 0.7% In Q4

Australia's wage price index was up 0.7 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Wednesday.

RTTNews | il y a 7

Australia Cuts Key Interest Rate For First Time Since 2020

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RTTNews | il y a 8

Australia NAB Business Conditions Fall; Confidence Improves

Australia NAB Business Conditions Fall; Confidence Improves

Australia's business conditions declined in January, while confidence improved with broad-based increases across industries, survey data from NAB showed on Tuesday. The business conditions index declined to 3 from 6 in December. Meanwhile, the business confidence index advanced to 4 from -2 in the previous month.

RTTNews | il y a 15

Australia Building Consents Rise 0.7% In December

Australia Building Consents Rise 0.7% In December

The total number of building permits issued in Australia was up a seasonally adjusted 0.7 percent on month in December, the Australian Bureau of Statistics said on Monday - coming in at 15,174.

RTTNews | il y a 16

Australia Has A$5.085 Billion Trade Surplus

Australia Has A$5.085 Billion Trade Surplus

Australia posted a seasonally adjusted merchandise trade surplus of A$5.085 billion in December, the Australian Bureau of Statistics said on Thursday.

RTTNews | il y a 20

Australia Services PMI Improves To 51.2 - S&P Global

Australia Services PMI Improves To 51.2 - S&P Global

The services sector in Australia continued to expand in January, and at a faster pace, the latest survey from S&P Global revealed on Wednesday with a services PMI score of 51.2.

RTTNews | il y a 21

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