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

.Previous quarter 1.0% Australia’s capital spending for Q2 -2.2% versus 1.0% estimation. That amounted to the most extensive decline given that a comparable fall in Q3 2021. Building capital investment -3.8 versus -0.9% final quarterPlant/machinery capital expenditures -0.5% versus +3.3% last quarterweaker than anticipated data.This post was written by Greg Michalowski at www.forexlive.com.