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

The AIG/Housing Industry Association Performance of Construction Index in Australia increased to 56.7 in May of 2017 from 51.9 in the previous month. It is the fourth straight month of expansion in the construction sector and the highest increase since September 2014, driven by work in apartments and engineering. Apartment building rose the most since November of 2015 and engineering construction posted the sharpest growth in 9-1/2 years underpinned by increased levels of non-mining infrastructure work. Improvements were recorded for new orders (59.8 from 51.9), capacity utilization (78.8 from 77.7) and employment (54.6 from 49.6); while decreases were recorded for deliveries (54.7 from 58), wages (61.5 from 63.6), input prices (73.5 from 76) and selling prices (54.9 from 58.5). Survey respondents attributed May's expansion to improved demand conditions due to stronger new orders and an increase in tendering opportunities. Construction Pmi in Australia averaged 45.59 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 4.40 -10.30 30.50 -22.40 percent [+]
New Home Sales 7369.00 7313.00 20768.00 5186.00 [+]
Housing Index 2.20 4.10 6.10 -2.20 percent [+]
Construction Output -0.70 0.60 9.20 -18.90 percent [+]
Construction Pmi 56.70 51.90 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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
56.70 51.90 59.10 29.24 2005 - 2017 Index Points Monthly

construction pmi by Country

Australia 56.70 May/17
Euro Area 53.20 May/17
France 53.50 May/17
Germany 55.30 May/17
Italy 49.00 May/17
United Kingdom 56.00 May/17