Forex

Australia capital spending for Q2 -2.2% versus 1.0% assumed

.Previous one-fourth 1.0% Australia's capital expenditures for Q2 -2.2% versus 1.0% estimate. That equaled the most extensive decline due to the fact that a similar fall in Q3 2021. Building capital spending -3.8 versus -0.9% final quarterPlant/machinery capital expenditures -0.5% versus +3.3% final quarterweaker than expected records.This short article was written by Greg Michalowski at www.forexlive.com.