Investing.com - Australian private new capital expenditure rose more-than-expected in the last quarter, official data showed on Thursday.
In a report, Australian Bureau of Statistics said that Australian private new capital expenditure rose to a seasonally adjusted 4.0%, from -4.1% in the preceding quarter whose figure was revised up from -4.7%.
Analysts had expected Australian private new capital expenditure to rise 1.0% in the last quarter.
In a report, Australian Bureau of Statistics said that Australian private new capital expenditure rose to a seasonally adjusted 4.0%, from -4.1% in the preceding quarter whose figure was revised up from -4.7%.
Analysts had expected Australian private new capital expenditure to rise 1.0% in the last quarter.