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Australian Building Permits MoM Prel (Jun) M/M 7.2% vs. Exp. -0.5% (Prev. -1.1%)
StockNow breaking-news AI analysis
Australia's building permits surged 7.2%, defying contraction forecasts. This growth complicates the RBA's inflation battle, as a split board balances housing supply needs against sticky 3.8% headline inflation.
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