Australian new capital expenditure fell 3.1% in the December quarter

Market news

23 February 2017

Australian new capital expenditure fell 3.1% in the December quarter

The trend volume estimate for total new capital expenditure fell 3.1% in the December quarter 2016 and the seasonally adjusted estimate fell 2.1%.

The trend volume estimate for buildings and structures fell 4.7% in the December quarter 2016 and the seasonally adjusted estimate fell 4.1%.

The trend volume estimate for equipment, plant and machinery fell 0.4% in the December quarter 2016 while the seasonally adjusted estimate rose 0.4%.

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