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. source: Australian Industry Group
Construction Pmi in Australia averaged 45.69 points from 2005 until 2020, 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 October of 2020.
Construction Pmi in Australia is expected to be 43.00 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 42.00 in 12 months time. In the long-term, the Australia Construction PMI is projected to trend around 43.00 points in 2021 and 47.00 points in 2022, according to our econometric models.