Australia 3Q Private Capital Expenditure report: Fell by 0.6% in the September quarter 2019

The Australia 3 quarter Private Capital Expenditure Report has ben released – Full Release

Result

• The trend estimate for total new capital expenditure fell by 0.6% in the September quarter 2019. This follows a fall of 0.8% in the June quarter 2019.
• The seasonally adjusted estimate for total new capital expenditure fell by 0.2% in the September quarter 2019. This follows a fall of 0.6% in the June quarter 2019.
• The trend estimate for buildings and structures fell by 0.5% in the September quarter 2019. This follows a fall of 1.0% in the June quarter 2019.