June construction “momentum better than previously thought”

22 August 2018

 

Quarterly construction data compiled and released by the ABS are not considered to be of a “primary” nature in the same way as unemployment (Labour Force) and inflation (CPI) figures. However, the figures are viewed by economists and analysts with interest as they directly feed into quarterly GDP figures.  According to the latest construction figures published by the ABS, the value of construction work increased by a very modest amount...

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