Australian data: Q3 Private Capital Expenditure headline +6.4% q/q (vs. +0.5% expected)

AustralianQ3 Private Capital Expenditure

• Building capex rose 2.1% q/q (previous 0.2%).

• Plant and machinery capex jumped 11.5% q/q.

• New capital expenditure increased 6.4% q/q (forecast 0.5%, previous 0.2%).

more to come

This article was written by Eamonn Sheridan at investinglive.com.