Capital expenditure rises 6.1% in first quarter

New private capital expenditure rose during the first quarter by a seasonally adjusted 6.1%, according to the latest figures from the Australian Bureau of Statistics.

 

According to the figures, CAPEX rose by 6.1% to $40.002 billion in the March quarter, above market expectations of a 3.3% rise.

 

The second estimate for expenditure for 2012-13 is $172.9 billion, up 23.5% higher than the second estimate for 2011-12.

Trending

COMMENTS

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments