Australia's building permits rise above forecast in February

Source: RTT News
Building approvals in Australia beat a forecast in the month February, when they increased by a seasonally adjusted 3.1% compared to projections of a 2.5% gain on the month, a report released by the Australian Bureau of Statistics unveiled on Thursday. Year-on-year, building permits rose 12.8% in February and the total number of building approvals recorded 13,371.

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