Forex

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

.Previous one-fourth 1.0% Australia's capital investment for Q2 -2.2% versus 1.0% quote. That equated to the biggest downtrend due to the fact that a comparable fall in Q3 2021. Property capital expenditures -3.8 versus -0.9% last quarterPlant/machinery capital spending -0.5% versus +3.3% last quarterweaker than anticipated information.This article was written by Greg Michalowski at www.forexlive.com.