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Aussie capex is a shadow of its former self

November 25, 2021 - 12:30 -- Admin

The Australian Bureau of Statistics (ABS) today released data on capital expenditures (capex) for the September quarter, which registered a 2.2% seasonally adjusted fall in capex volumes over the quarter but a 12.9% increase over the year (see below table). The annual nation accounts were also released recently, which recorded a small increase in capex

The post Aussie capex is a shadow of its former self appeared first on MacroBusiness.

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