Australia Construction PMI  2005-2017 | Data | Chart | Calendar | Forecast

The AIG/Housing Industry Association Performance of Construction Index in Australia decreased to 51.2 in March of 2017 from 53.1 in the previous month. Slowdown in construction activity was driven by renewed weakness in engineering and commercial construction work combined with a steeper drop in apartment building work, although house building activity lifted. By sector: slight decreases were recorded for new orders (47.5 from 51.2), deliveries (52 from 52.7), input prices (74.5 from 76.1) and selling prices (55.6 from 56); slight improvements were recorded for employment (55.2 from 53.5), wages (64.4 from 63) and capacity utilization (78.2 from 75.8). Survey respondents attributed March's slowdown to a range of pressures constraining activity, including subdued private sector investment, weaker demand for new apartments developments and a fall in mining-related engineering construction. Construction Pmi in Australia averaged 45.46 Index Points from 2005 until 2017, reaching an all time high of 59.10 Index Points in September of 2014 and a record low of 29.24 Index Points in December of 2008.

Australia Construction PMI
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Australia Housing Last Previous Highest Lowest Unit
Building Permits 8.30 2.20 31.10 -22.40 percent [+]
New Home Sales 7392.00 7379.00 20768.00 5186.00 [+]
Housing Index 4.10 1.50 6.10 -2.60 percent [+]
Construction Output -0.20 -4.40 9.20 -18.90 percent [+]
Construction Pmi 51.20 53.10 59.10 29.24 Index Points [+]
Home Ownership Rate 67.00 68.90 71.40 67.00 percent [+]


Australia Construction PMI Notes

In Australia, The Performance of Construction Index (PCI) is a composite indicator designed to provide an overall view of activity in the construction sector. The PCI is a composite index based on the diffusion indexes for the following five indicators: Sales, New Orders, Employment, Deliveries and Prices. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Australia Construction Pmi - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Construction PMI - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
51.20 53.10 59.10 29.24 2005 - 2017 Index Points Monthly
SA



Last
Australia 51.20 Mar/17
Euro Area 53.50 Mar/17
France 53.20 Mar/17
Germany 56.40 Mar/17
Ireland 60.80 Mar/17
Italy 49.00 Mar/17
United Kingdom 52.20 Mar/17