Forex

Australia capital spending for Q2 -2.2% versus 1.0% expected

.Prior one-fourth 1.0% Australia's capital spending for Q2 -2.2% versus 1.0% estimate. That equated to the most extensive decline because an identical fall in Q3 2021. Building capital spending -3.8 versus -0.9% last quarterPlant/machinery capital spending -0.5% versus +3.3% last quarterweaker than expected records.This write-up was actually written by Greg Michalowski at www.forexlive.com.