Forex

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

.Prior quarter 1.0% Australia's capital investment for Q2 -2.2% versus 1.0% estimate. That amounted to the biggest downtrend since a comparable fall in Q3 2021. Structure capital expenditures -3.8 versus -0.9% last quarterPlant/machinery capital investment -0.5% versus +3.3% final quarterweaker than assumed records.This write-up was actually created through Greg Michalowski at www.forexlive.com.