Forex

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

.Prior fourth 1.0% Australia's capital investment for Q2 -2.2% versus 1.0% estimate. That equaled the biggest decrease considering that a similar fall in Q3 2021. Building capital expenditures -3.8 versus -0.9% final quarterPlant/machinery capital spending -0.5% versus +3.3% final quarterweaker than anticipated information.This post was written by Greg Michalowski at www.forexlive.com.