• The number of construction projects handed over in Australia declined in the third quarter

Market news

23 November 2016

The number of construction projects handed over in Australia declined in the third quarter

Construction work done fell by -4.9% in the third quarter, while analysts expected a decline to -1.7%. The value of the second quarter was revised from -3.7% to -3.1%.

Published by the Australian Bureau of Statistics the data reflect the number of completed construction works for the previous month. This is a key indicator in the construction sector of Australia.

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