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2018.02.2100:19:00UTC+00Australia's Construction Work Done Plunges In Q4

Australia's construction work done plunged in the fourth quarter, the Australian Bureau of Statistics reported Wednesday.

Construction work done declined sharply by 19.4 percent in the fourth quarter, offsetting third quarter's 16.6 percent increase. This was the first fall in five quarters and also bigger than the expected drop of 10 percent.

The value of total building work done gained 0.2 percent, while engineering work done declined 35.4 percent.



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