Australian Ai Group Construction Index (Apr) -19.3 (Prev. -31.4)
The rebound in the Australian Ai Group Construction Index from -31.4 to -19.3 indicates a significant improvement in construction sentiment, which may suggest a reduction in economic contraction in the sector.
South Korean Inflation Rate YoY (Apr) Y/Y 2.6% vs. Exp. 2.6% (Prev. 2.2%)
South Korean Inflation Rate MoM (Apr) M/M 0.5% vs. Exp. 0.5% (Prev. 0.3%)
Australian Ai Group Construction Index (Apr) -19.3 (Prev. -31.4)
Australian Ai Group Manufacturing Index (Apr) -27.9 (Prev. -27.9)
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This improvement could have implications for overall economic growth and may prompt market participants to reassess their views on the Australian economy and potential policy responses.
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