Australia August Building Approvals YoY (Seasonally Adjusted): A Positive Signal for the AUD
The Australian Bureau of Statistics released the seasonally adjusted year-on-year building approvals data for August on September 1, 2025. The reported figure was 6.6%, exceeding market expectations and indicating robust growth in the construction sector.This data serves as a key leading indicator of future activity in the construction industry, as government building approvals are the initial step for new housing development. When the actual figure surpasses forecasts, it tends to have a positive impact on the Australian dollar.The importance level of this data is 1. It measures the change in the number of newly approved buildings on a seasonally adjusted basis and is released monthly. The next release is scheduled for October 2025.
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