Australia's first quarter private new capital expenditure year-on-year

2025/05/29 01:30:00

Australian Bureau of Statistics announced the Australia's first quarter private new capital expenditure year-on-year on 2025-05-29. The reported figure stands at -0.5%, with the prior figure recorded as 0.6%.

Regarding the Australia's first quarter private new capital expenditure year-on-year, Actual value > Forecast value = Positive for AUD, It is a leading indicator of economic health - businesses are very quickly affected by market conditions, so changes in business investment levels may be early signs of future economic activities such as hiring, spending, and income.

This data holds an importance level of , calculated using Changes in total new capital expenditures of private enterprises after inflation adjustment, and updates monthly.

This content is AI-generated.Please verify before use.

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