Australian June 2025 building permits +11.9% m/m
expected +2.0%, prior +3.2%
+27.4% y/y
prior +6.5%
The highest monthly result since August 2022. Strong rise in multi-unit (apartments).
The main focus is on the retail sales data:
Australia Retail Sales for June 2025: +1.2% m/m (expected +0.4%)
Earlier re Australia:
RBA Dep Gov Hauser: Says the CPI data were very welcome
This article was written by Eamonn Sheridan at investinglive.com.