AUD News

The total value of construction work done in Australia was down a seasonally adjusted 2.8 percent on quarter in the third quarter of 2018, the Australian Bureau of Statistics said on Wednesday - coming in at A$53.143 billion.

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Australia posted a seasonally adjusted current account deficit of A$10.688 billion in the third quarter of 2018, the Australian Bureau of Statistics said on Tuesday.

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The construction sector in Australia continued to contract in November, the latest survey from the Australian Industry Group showed on Friday with a Performance of Construction Index score of 44.5.

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House prices in Australia fell 1.5 percent on quarter in the third quarter of 2018, the Australian Bureau of Statistics said on Tuesday.

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The manufacturing sector in Australia slipped into contraction in December, the latest survey from the Australia Industry Group revealed on Monday with a Performance of Manufacturing Index score of 49.5.

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Australia's business confidence remained stable in December, despite a sharp fall in conditions, survey data from the National Australia Bank showed on Tuesday.

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Consumer prices in Australia were up 0.4 percent on quarter in the fourth quarter of 2018, the Australian Bureau of Statistics said on Wednesday - unchanged from Q3 and in line with expectations.

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The manufacturing sector in Australia moved to expansion in January, the latest survey from the Australian Industry Group showed on Friday with a Performance of Manufacturing Index score of 52.5.

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The total value of retail sales in Australia was down a seasonally adjusted 0.4 percent on month in December, the Australian Bureau of Statistics said on Tuesday.

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The construction sector in Australia continued to contract in January, albeit at a slower pace, the latest survey from the Australian Industry Group revealed on Thursday with a Performance of Construction Index score of 43.1.

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