empty
 
 

2021.02.2323:52:00UTC+00Australia Construction Work Slips 0.9% On Quarter In Q4

The value of total construction work done in Australia was down a seasonally adjusted 0.9 percent on quarter in the fourth quarter of 2020, the Australian Bureau of Statistics said on Wednesday - coming in at A$51.170 billion.

That missed expectations for an increase of 1.0 percent following the 1.8 percent contraction in the previous three months.

On a yearly basis, construction work was down 1.4 percent.

Building work was up 0.6 percent on quarter and down 2.2 percent on year at A$29.373 billion, while residential work was up 2.7 percent on quarter and down 0.7 percent on year at A$17.865 billion.

Non-residential work fell 2.4 percent on quarter and 4.5 percent on year to A$11.508 billion and engineering work slipped 2.8 percent on quarter and 0.3 percent on year to A$21.796 billion.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback