FOREX TradingCharts.com

Financial News: Australia Q3 Construction Work Done Soars 15.7%

Australia Q3 Construction Work Done Soars 15.7%

11/21/2017 - 20:31:00 (RTTNews)

(RTTNews) - The value of total construction work in Australia done in the third quarter of 2017 surged a seasonally adjusted 15.7 percent on quarter in the third quarter of 2017, the Australian Bureau of Statistics said on Wednesday - coming in at A$61.863 billion.

The headline figure blew away forecasts for a decline of 2.3 percent following the 9.3 percent jump in the second quarter.

On a yearly basis, the value of total construction work skyrocketed 30.1 percent.

The value of building work fell 0.4 percent on quarter and gained 1.4 percent on year to A$27.621 billion, while residential work dipped 0.3 percent on quarter and 1.7 percent on year to A$18.102 billion.

Non-residential work shed 0.6 percent on quarter and gained 7.9 percent on year to A$9.519 billion and engineering work skyrocketed 33.0 percent on quarter and 68.4 percent on year to A$34.241 billion.

Also on Wednesday, the latest survey from Westpac Bank showed that Australia's economy continued to expand in October.

The bank's leading economic index was up 0.13 percent on month last month, after gaining an upwardly revised 0.14 percent in the previous month.

September's original reading called for an increase of 0.08 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Japan Tertiary Activity Index Rises More Than Expected In October (02 min(s), 21 sec(s) ago)
(RTTNews) - Japan's tertiary activity index increased at a faster-than-expected pace in Octobe ...Full Story»

Malaysia Industrial Production Growth Eases More Than Forecast (27 min(s), 21 sec(s) ago)
(RTTNews) - Malaysia's industrial production growth eased at a faster-than-expected pace in Oc ...Full Story»

Australia Q3 House Prices Ease 0.2% On Quarter (03 hr(s), 02 min(s), 21 sec(s) ago)
(RTTNews) - Residential property prices in Australia fell 0.2 percent on quarter in the third quar ...Full Story»

Australia Business Confidence Ebbs In November - NAB (03 hr(s), 52 min(s), 21 sec(s) ago)
(RTTNews) - Consumer confidence in Australia slowed in November, the latest survey from National A ...Full Story»

Australia House Prices Slip 0.2% On Quarter In Q3 (04 hr(s), 02 min(s), 21 sec(s) ago)
(RTTNews) - Residential property prices in Australia were down 0.2 percent on quarter in the third ...Full Story»

Japan Producer Prices Rise 0.4% In November (04 hr(s), 32 min(s), 21 sec(s) ago)
(RTTNews) - Producer prices in Japan were up 0.4 percent on month in November, the Bank of Japan s ...Full Story»

ARGENTINA: Rating Upgrade Reflects Reforms, Economic Improvement - Moody's (05 hr(s), 39 min(s), 21 sec(s) ago)
(RTTNews) - Moody's recent rating upgrade of Argentina, to B2 from B3, reflects the Mauricio M ...Full Story»

COLOMBIA: Colcap Rises 1.17% As Ecopetrol Climbs 5.06% (05 hr(s), 44 min(s), 21 sec(s) ago)
(RTTNews) - Colcap, the main index of the Colombian Stock Exchange, was rising 1.17% at 1,466.37 p ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Japan Tertiary Activity Index Rises More Than Expected In October

12/11/2017 - 23:47 PM (RTTNews)
(RTTNews) - Japan's tertiary activity index increased at a faster-than-expected pace in Octobe ...Full Story>>

Malaysia Industrial Production Growth Eases More Than Forecast

12/11/2017 - 23:22 PM (RTTNews)
(RTTNews) - Malaysia's industrial production growth eased at a faster-than-expected pace in Oc ...Full Story>>

Australia Q3 House Prices Ease 0.2% On Quarter

12/11/2017 - 20:47 PM (RTTNews)
(RTTNews) - Residential property prices in Australia fell 0.2 percent on quarter in the third quar ...Full Story>>

Australia Business Confidence Ebbs In November - NAB

12/11/2017 - 19:57 PM (RTTNews)
(RTTNews) - Consumer confidence in Australia slowed in November, the latest survey from National A ...Full Story>>

Australia House Prices Slip 0.2% On Quarter In Q3

12/11/2017 - 19:47 PM (RTTNews)
(RTTNews) - Residential property prices in Australia were down 0.2 percent on quarter in the third ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.