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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
AustraliaBuilding Capital Expenditure QoQ climbed to 1.1 in July 2024
Financial Modeling PrepMonthlyReleased November 2024
Building Capital Expenditure QoQ climbed to 1.1 in July 2024, up 4.9 from June's -3.8 reading. The print exceeded the 0.8 consensus by 0.3. The print is running well above the 12-month average of 0.35. Building Capital Expenditure QoQ is now the highest in 6 months.
Latest Release
1.1
Actual
0.8
Consensus
-3.8
Previous
The November 2024 reading rose from the previous value of -3.8. Historically, this indicator is positively correlated with AUD/USD (Bullish AUD) and positively correlated with AUD/JPY (Bullish AUD).
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Building Capital Expenditure QoQ - AU
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