Economic Buzz: Australian Building Permits Jump In April

Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 9.1%, from -5.5% in the preceding week. Analysts had expected Australian Building Approvals to rise to 4.0% last week. On an yearly basis, building permits rose by 27% in April, after gaining 3.9% in the previous month.
Source by Commodity Insights