Australian Private Capital Expenditure (capex) for Q2 2021 +4.4% q/q (vs. expected 2.5% q/q, prior 6.3%)
Australian capex data for the April – June period.
+4.4%
q/q (vs. expected 2.5% q/q, prior 6.3%)
-
plant
and machinery capex +4.3% q/q -
building
capex +4.6% q/q -
latest
estimate for 21/22 is AUD 127.7bn, up from $113.6bn … that
upgrade is higher than expected
—
Background here:
