Australia data - Building approvals (November): -12.7% m/m (expected -3.0%)

Building approvals for November 2015

-12.7 % m/m

– expected -3.0%, prior was +3.9%

– For the slit up, private sector houses down 0.5% and private sector apartments down 23.0% (apartments can be a ‘lumpy’ data series …and that sure is a big, nasty lump)

-8.4 % y/y

sumber: