Australia Plant Machinery Capital Expenditure QoQ
Category: Plant Machinery Capital Expenditure
Units: Percent
Plant Machinery Capital Expenditure QoQ measures the quarter-on-quarter change in capital expenditure on plant and machinery in Australia. This indicator reflects investment activity across various sectors, including mining, manufacturing, and utilities. A rise in expenditure can indicate increased business confidence and potential economic growth, while a decline may suggest reduced investment and caution among businesses.
A higher than expected figure should be seen as positive (bullish) for the AUD while a lower than expected figure should be seen as negative (bearish) for the AUD.
Source: Australian Bureau of Statistics
Event Details
Impact:
Low
Country: Australia 
Symbol: AUD
Latest Release
Previous:
18.4%
Consensus: -7.8%
Actual:
-8.9%
Next Release
No Data
