The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index rose by 2.3 points to 57.6 in the December 2020-January 2021 period, indicating four consecutive months of positive conditions and the strongest result since July 2017. source: Australian Industry Group

Construction PMI in Australia averaged 45.90 points from 2005 until 2021, reaching an all time high of 60.50 points in July of 2017 and a record low of 21.60 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Construction PMI in Australia is expected to be 48.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction PMI in Australia to stand at 43.00 in 12 months time. In the long-term, the Australia Construction PMI is projected to trend around 47.00 points in 2022, according to our econometric models.

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Australia Construction PMI

Actual Previous Highest Lowest Dates Unit Frequency
57.60 57.60 60.50 21.60 2005 - 2021 points Monthly
SA


News Stream
Australia Construction PMI Rises Further
The Ai Group/HIA Australian Performance of Construction Index increased to 55.3 points in November of 2020 from 52.7 in October 2020, pointing to the strongest month of expansion since April 2018 and linking two months of expansion following 25 consecutive months in contraction. House building rose at a faster pace, while smaller declines in the apartment and engineering construction sectors were recorded.
2020-12-02
Australia Construction Sector Grows for 1st Time in 2 Years
The Ai Group/HIA Australian Performance of Construction Index increased by a further 7.5 points to 52.7 in October 2020, pointing to the strongest month of expansion since May 2018 and ending 25 consecutive months in contraction. House building rose at a faster pace, while smaller declines in the apartment and engineering construction sectors were recorded. Overall business activity index increased by 6.0 points to 48.4 in October, indicating that activity levels have almost stabilized; while the new orders index recovered a further 9.8 points to 55.5, and the employment index rose by 1.8 points to 51.0. Among states, construction activity stabilized in WA and SA after a strong recovery in September, while NSW and Queensland moved into mild expansion. Victoria’s activity index improved but remained in contraction, after an especially low result in September and the lowest month on record in May.
2020-11-03
Australia Construction Sector Shrinks the Least in Over a Year
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index increased to an 18-month high of 45.2 points in September from 37.9 in the previous month, led by improvements in most regions excluding Victoria and its renewed lockdowns. Activity (+11.3 points to 42.4) and new orders (+10.6 points to 45.7) rose sharply, and employment increased by 3.1 points to 49.2. Across sectors, apartments jumped 20.5 points to 43.3 and housing climbing 19.5 points to 56.9, with respondents noting a recovery in demand.
2020-10-05
Australia Construction Activity Shrinks Further in August
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index decreased to 37.9 in August from 42.7 in the previous month, as renewed lockdowns in Victoria and border closures in other states weighed heavily. Activity (-14.5 points to 31.1) and new orders (-8.4 points to 35.1) fell sharply, while employment increased 4.7 points to 46.1, still remaining in negative territory. Across sectors, apartment building and engineering activity dropped further in August, with respondents noting little prospect of a recovery in demand.
2020-09-02

Australia Construction PMI
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 construction sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.