30 Aug '23 at 7:32 am #64780
Participant
Australia’s July Building Approvals -8.1% m/m (expected -0.8%; last -7.9%); -6.4% yr/yr (last -7.3%).
July Private House Approvals 0.1% m/m (last -1.0%).
Q2 Construction Work Done 0.4% qtr/qtr (expected 1.0%; last 3.8%)
July Monthly CPI Indicator 4.9% yr/yr (expected 5.2%; last 5.4%)
Reserve Bank of Australia Deputy Governor Bullock said that the central bank may have to hike again due to persistently high inflation.