Australian Capex data for Q1 2023: Headline +2.4% q/q (1% expected)

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Australian Capex data for Q1 2023: Headline +2.4% q/q (1% expected)

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Australian Private Capital Expenditure for Q12023 comes in at +2.4%

• expected 01.0%, prior +2.2%

Plant/Machinery Capital Expenditure + 3.7% q/q

• expected -0.1%, prior 0.6%

Buildings capex +1.3%

• expected 8.4%, prior 3.6%

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Estimates & actuals:

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Australian Capex data for Q1 2023: Headline +2.4% q/q (1% expected)

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