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2018.08.2200:23:00UTC+00Australia's Construction Work Done Rises More Than Forecast

Australia's construction work done increased at a faster-than-expected rate in the three months ended June, the Australian Bureau of Statistics reported Wednesday.

Construction work done climbed a seasonally adjusted 1.6 percent sequentially in the June quarter, following a 2.4 percent rise in the March quarter, which was revised up markedly from 0.2 percent.

Economists had expected a 0.8 percent increase for the month.

The value of building work done gained 2.5 percent and total engineering work done rose 0.4 percent.

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