Australian Building Permits MoM Prel (Mar) M/M -10.5% (Prev. 29.7%)
Context
The preliminary March data for Australian building permits shows a significant decline of 10.5% month-on-month, a stark reversal from the previous increase of 29.7%. This sharp drop could indicate weakening demand in the housing sector, potentially influencing monetary policy considerations, as it adds to concerns over domestic growth and construction activity.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#AUSTRALIA#DATA#ASIAN SESSION#BUILDING PERMITS#MOM#OTHER DATA