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.