Australia Economy Adds 64K Jobs In November
(RTTNews) - Australia's unemployment rate came in at a seasonally adjusted 3.4 percent in November, the Australian Bureau of Statistics said on Thursday - unchanged and in line with expectations.
The Australian economy added 64,000 jobs last month, blowing away expectations for an increase of 19,000 following the increase of 32,200 jobs in October.
There were 34,200 full-time jobs added last month and 29,800 part-time jobs added.
The participation rate climbed to 66.8, beating forecasts for 66.6 and up from 66.5 in the previous month.
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Australia Retail Sales Ease 0.1% In December
The total value of retail sales in Australia was down a seasonally adjusted 0.1 percent on month in December, the Australian Bureau of Statistics said on Monday - coming in at A$36.991 billion.
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Australia Building Approvals Add 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.
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Australia Manufacturing Sector Expands In January - S&P Global
The manufacturing sector in Australia moved back up into expansion territory in January, the latest survey from S&P Global revealed on Monday with a PMI score of 50.2.
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Australia Private Sector Credit Adds 0.6% In December
Private sector credit in Australia was up a seasonally adjusted 0.6 percent on month in December, the Reserve Bank of Australia said on Friday - unchanged from the previous month and exceeding expectations for 0.5 percent.
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Australia Producer Prices Rise 0.8% In Q4
Final demand producer prices in Australia were up 0.8 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Friday.
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Australia Inflation Softens In December
Australia's consumer price inflation eased in December to the lowest since early 2021 on falling electricity and auto fuel prices, the Australian Bureau of Statistics reported Wednesday. Consumer prices logged an annual increase of 2.4 percent in the December quarter, following a 2.8 percent rise in the preceding period. This was the lowest rate since March 2021.
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Australia Inflation Rises 0.2% On Quarter In Q4
Consumer prices in Australia were up a seasonally adjusted 0.2 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Wednesday - shy of forecasts for 0.3 percent but unchanged from the previous quarter.
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Australia NAB Business Conditions Recover In December
Australia's business conditions rebounded in December with retail entering positive territory for the first time since November 2023, a survey from the National Australia Bank showed on Tuesday. The business conditions index rose three points to +6 and almost returned to the long-run average. The survey showed a notable uplift in retail conditions.
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