Forex

Australia capital spending for Q2 -2.2% versus 1.0% assumed

.Prior one-fourth 1.0% Australia's capital expenditures for Q2 -2.2% versus 1.0% estimation. That amounted to the largest downtrend considering that a comparable fall in Q3 2021. Property capital investment -3.8 versus -0.9% last quarterPlant/machinery capital expenditures -0.5% versus +3.3% last quarterweaker than assumed information.This short article was composed by Greg Michalowski at www.forexlive.com.