Friday, 30 August 2019:
08:30 WIB: Building Permits data in Australia in July 2019 (medium-high impact on AUD).
The number of building permits (Building Permits) is an indicator for construction work activities that will affect the increase in labor, purchase of building material products, and housing investment. Data release is in the form of a percentage change in the number of building permits compared to the previous month.
Last June, the number of building permits in Australia fell 1.2% (or -1.2%), lower than the estimated 0.2% increase and the previous month which rose 0.3%. For July 2019, the estimated number of building permits will be stagnant or 0.0%. Results released higher than expected will tend to cause AUD to strengthen.
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