An increasing number of sales signal consumer confidence and economic growth, but higher consumption also leads to inflationary pressures. The headline figure for CPI is the percentage change in monthly and annualized percentage term Discuss ECB President Mario Draghi Holds Press Conference. Since Building Consents serve as one of the earliest signals of expanded housing supply, the report is a leading indicator for the overall housing market. Simply put, inflation reflects a decline in the purchasing power of the Aussie Econimic, where each Dollar buys fewer goods and services. Also, because of the high outlays needed for construction projects high Construction Orders also suggest optimism for corporate or consumer spending. CAD CFIB Business Barometer APR.
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