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InstaForex - Official partner of Dragon Racing

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

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InstaForex - Official partner of Dragon Racing

2020.05.0401:45:00UTC+00Australia Building Permits Slide 4.0% In March

The total number of building permits issued in Australia in March was down a seasonally adjusted 4.0 percent on month, the Australian Bureau of Statistics said on Monday - coming in at 15,279.

That follows the 5.8 percent drop in February.

On a yearly basis, building permits rose 0.2 percent - slowing from the 19.9 percent jump in the previous month.

Permits for private sector houses fell 1.2 percent on month and 2.2 percent on year to 8,520, while permits for private sector dwellings excluding houses sank 8.2 percent on month but gained 3.4 percent on year to 6,538.

The value of total building approved fell 6.5 percent in March. The value of residential building fell 5.9 percent, while the value of non-residential building fell 7.3 percent.

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