Australia retail sales in Nov jump 2% on Black Friday boom

Credit: REUTERS/Steven Saphore

SYDNEY, Jan 9 (Reuters) - Australian approvals to build new homes in November, seasonally adjusted, released by the Australian Bureau of Statistics on Tuesday:

Seasonally adjusted

Nov

Private sector houses

8,506

Private dwellings ex-houses

5,856

Total dwelling units

14,529

Approvals were down 4.6% on a year earlier.

Forecasts for total approvals had centred on a fall of 2.0% m/m in November, a Reuters poll showed.

For details, see the Australian Bureau of Statistics Web site at http://www.abs.gov.au.

(Reporting by Wayne Cole; Editing by Tom Hogue)

((Wayne.Cole@thomsonreuters.com; 612 9171 7144; Reuters Messaging: wayne.cole.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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