TeleTrade - Analytics

TeleTrade

721.00 6.50/10
57% of positive reviews
Real

07.12.2015 10:47 Ai Group/HIA Australian Performance of Construction Index is down to 50.7 in November

The Australian Industry Group (AiG) released its construction data for Australia on late Sunday evening. The Ai Group/HIA Australian Performance of Construction Index fell to 50.7 in November from 52.1 in October.

 

A reading above 50 indicates expansion in the sector.

 

The decline was mainly driven by a drop in house building and commercial and engineering construction.

 

"The continuing boom in apartment building saw a slight lift in the overall construction sector in November despite falls in house building and commercial and engineering construction," Ai Group Head of Policy, Peter Burn, said.



To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree