The total value of construction work done in Australia was down a seasonally adjusted 1.0 percent on quarter in the first quarter of 2020 - coming in at A$49.481 billion.
That exceeded expectations for a decline of 1.5 percent following the 3.0 percent drop in the three months prior.
On a yearly basis, the total construction work was down 6.5 percent.
The seasonally adjusted estimate of total building work done also fell 1.0 percent to A$28.924 billion in the first quarter of 2020.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2157668/
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