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Australia data – Building Approvals (July): -1.7% m/m (expected -5.0%)

Building Approvals
-1.7% m/m
– expected -5.0% m/m, prior 10.9%
-13.9% y/y
– expected -16.6%, prior +2.3%

More – ABS detail:
In seasonally adjusted terms, dwelling approvals decreased by 1.7 per cent in July, driven by a fall in private dwellings excluding houses (6.7 per cent), while private house approvals were flat.