Australia's Total Construction Activity Falls Sequentially in June Quarter

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Australia's total construction work done in seasonally adjusted terms fell 2.1% sequentially to AU$82.52 billion in the June quarter, the Australian Bureau of Statistics reported Wednesday.

Total construction work climbed 2.7% year over year in the June quarter.

Total building construction work in the June quarter rose 1.3% to AU$45.84 billion year over year. Total engineering construction work declined 6% quarter over quarter to AU$36.67 billion.

Residential building construction activity rose 1.7% over the period to AU$27.87 billion, while non-residential building construction activity rose 0.5% to AU$17.98 billion.

The trend estimate for total construction work done rose 0.7% quarter over quarter and 4.5% year over year in the June quarter.

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Total engineering construction work declined 6% quarter over quarter to AU$36.67 billion.</p><p>Residential building construction activity rose 1.7% over the period to AU$27.87 billion, while non-residential building construction activity rose 0.5% to AU$17.98 billion.</p><p>The trend estimate for total construction work done rose 0.7% quarter over quarter and 4.5% year over year in the June quarter.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IMLC.AU","symbol_name":"INV MUTUAL CONC AUS SHAR ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2662631761","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2662631761","pubTimestamp":1787712725,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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