Australian building approvals drop in April

Note: This section contains information in English only.
Source: Marketwatch
The total number of building approvals in Australia unexpectedly declined in April of 2014, with approvals for building townhouses and apartments dropping as much as 14%. Other approvals fell 0.3%, bringing the average decrease to 5.6%, while analysts predicted a 2.1% rise of the indicator. On the annual basis, building permits advanced 1.1% in April of this year.
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