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That dashed hopes that conditions in the sector would stabilize, or even edge up slightly, during August.
The IMF said in April that GDP growth would edge up slightly this year to 3.2%, from 3.1% in 2015, which many analysts said was an overoptimistic estimate.
He thinks rates could edge up slightly during the fourth quarter but will end 1999 under 6%.
Similar(52)
Construction spending edged up slightly in June.
Since then, it has edged up slightly.
In the bond market, interest rates edged up slightly.
The passing rate edged up slightly, to 33percentt from 32.
Mr Abbott's personal approval rating edged up slightly, though only to a measly 32%.
The 12-month rate of increase edged up slightly to 1.7%.
Beef sales edged up slightly to $3.04 billion, while chicken sales dipped to $2.62 billion from $2.65 billion.
Last week, the broad-market index edged up slightly to its highest level since November 2007.
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