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AUSTRALIAN BUILDING APPROVALS TIPPED TO GO HIGHER IN MAY.

Publication: AsiaPulse News

Publication Date: 30-JUN-03
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COPYRIGHT 2003 Asia Pulse Pty Ltd

SYDNEY, June 30 Asia Pulse - Australian building approvals likely improved in May, continuing the rebound from the downturn late in 2002, economists said.

Approvals fell 1.7 per cent, seasonally adjusted, in April but the pace of decline had slowed.

The median of economists' forecasts is for a 0.5 per cent rise in approvals in the month.

The Australian Bureau of Statistics...

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