Australian building permits decline for third month

Note: This section contains information in English only.
Source: RTT News
Approvals for building in Australia decreased in December of the previous year for the third consecutive month, dropping 2.9% on a monthly basis and reaching 16,141. Economists forecasted the indicator to lose 0.5% after a 1.5% decline in November. At the same time, on the annual basis building permits surged 21.8%, but also missed expectations for a 23.4% rise.
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