Australian March building permits -8.8% m/m (expected -0.6%)

Australian March 2025 Building Permits -8.8% m/m

  • expected -0.6%, prior -0.3%

For the y/y +13.4%

  • prior +25.7%

Also out were data for Australian Household Spending in March:

-0.3% m/m, its slowest in 6 months

  • +0.2% expected and +0.2% prior

+3.5% y/y

  • vs. expected 3.9%, prior 3.3%

AUD/USD little changed, circa 0.6450

This article was written by Eamonn Sheridan at www.forexlive.com.