Economic Buzz: Australia Building Permits Fall 27.9% In January

10 Mar 2022 , 08:37 AM

Australia total number of building permits issued was down a seasonally adjusted 27.9 percent on month in January, coming in at 12,916, the Australian Bureau of Statistics said on Thursday. That follows the 8.2 percent increase in December. Permits for private sector houses were down 17.5 percent on month to 8,712, while permits for private sector dwellings excluding houses plummeted 43.6 percent to 4,007. On a yearly basis, permits for private sector houses fell 29.0 percent, permits for buildings excluding houses fell 8.5 percent and total permits sank 24.1 percent.

Powered by Commodity Insights