Forex

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% quote. That amounted to the most extensive downtrend due to the fact that an identical join Q3 2021. Building capital investment -3.8 versus -0.9% final quarterPlant/machinery capital expenditures -0.5% versus +3.3% final quarterweaker than anticipated data.This write-up was actually created by Greg Michalowski at www.forexlive.com.