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Australia Private New Capital Expenditure QoQ

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Australia Private New Capital Expenditure QoQ

Frequency

Delivery Method

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Status

 
Latest Release
Aug 29, 2024
Actual
-2.2%
Forecast
0.9%
Previous
1.9%
Private New Capital Expenditure measures the change in the total inflation-adjusted value of new capital expenditures made by private businesses. It is a leading indicator of economic health.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
Importance:
Country:
Currency: AUD
Source: Australian Bureau of Statistic...
Australia Private New Capital Expenditure QoQ
 
Release Date Time Actual Forecast Previous
Nov 27, 2024 (Q3) 19:30     -2.2%
Aug 28, 2024 (Q2) 20:30 -2.2% 0.9% 1.9%
May 29, 2024 (Q1) 20:30 1.0% 0.6% 0.9%
Feb 28, 2024 (Q4) 19:30 0.8% 0.4% 0.3%
Nov 29, 2023 (Q3) 19:30 0.6% 1.0% 3.4%
Aug 30, 2023 (Q2) 20:30 2.8% 1.2% 3.7%

News

Analysis

Kenny Fisher
Australian Dollar Flies After Powell Speech By Kenny Fisher - Dec 01, 2022

AUD/USD continues to power upwards and hit 10-week highs earlier today. The Australian dollar climbed 1.5% on Wednesday and has edged higher today. In the European session, AUD/USD is trading at...

Kenny Fisher
Aussie Yawns After Capital Expeniture Dips By Kenny Fisher - Sep 01, 2022

The Australian dollar is showing limited movement today. In the European session, AUD/USD is trading at 0.6835, down 0.10%.Australian Capex falls for a second successive quarterAustralian Private...

Private New Capital Expenditure (QoQ) Discussion

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