The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index increased to 35.5 in June from 24.9 in the previous month, as the pace of contraction eased from the record lows experienced since March amid a recovering economy. All activity indices improved in June but remained firmly negative among the four construction sectors, with commercial standing at the lowest level (26.6 points) and apartments at the highest (44.8 points). On the price front, inputs declined 2.6 to 62.1, whereas outputs jumped 11.8 to 40.2.

Construction Pmi in Australia averaged 45.75 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 July of 2020. source: Australian Industry Group

Construction Pmi in Australia is expected to be 38.00 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 41.00 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.

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Australia Construction PMI

Actual Previous Highest Lowest Dates Unit Frequency
35.50 24.90 60.50 21.60 2005 - 2020 points Monthly
SA


News Stream
Australia Construction Activity Contracts at Weaker Pace
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index increased to 35.5 in June from 24.9 in the previous month, as the pace of contraction eased from the record lows experienced since March amid a recovering economy. All activity indices improved in June but remained firmly negative among the four construction sectors, with commercial standing at the lowest level (26.6 points) and apartments at the highest (44.8 points). On the price front, inputs declined 2.6 to 62.1, whereas outputs jumped 11.8 to 40.2.
2020-07-02
Australia Construction Activity Shrinks at Second Fastest Pace on Record
The Ai Group Australian Performance of Construction Index increased to 24.9 in May 2020 from an all-time low of 21.6 in the previous month, pointing to the second-lowest reading on record amid the coronavirus crisis. New orders (+7.2 points to 23), activity (+3.3 points to 21.3) and employment (+3.5 to 29.1) shrank at a softer pace. In contrast, deliveries fell further (-4.8 points to 29.3). On the price front, input prices declined (-0.6 points to 64.7), while selling prices recovered (+2.2 to 28.4). Also, wages advanced 3.3 points to 47 points.
2020-06-02
Australia Construction PMI Falls to Record Low
The Ai Group Australian Performance of Construction Index plummeted to 21.6 in April 2020 from 37.9 in the previous month. The reading pointed to the sharpest contraction in construction activity on record, amid projects cancelations and lockdowns due to the coronavirus pandemic. New orders (-19.7 points to 15.7), activity (-21.1 points to 18) and employment (-10.8 points to 25.6) dropped to all-time lows. Among sectors, all of four shrank at record pace, with apartments declining to 22.1 and commercial fell to 24.5. “The worst hit sectors were apartment building and commercial construction. House building took a tumble and engineering construction, while only down slightly in March, has never recorded a weaker performance than for April,” said Ai Group Head of Policy, Peter Burn.
2020-05-04
Australia Construction Sector Shrank the Most in Nearly 7 Years
The Ai Group Australian Performance of Construction Index declined to 37.9 in March 2020 from 42.7 in the previous month. The reading pointed to the nineteenth straight month of contraction and the sharpest since May 2013, as both the new orders and activity components fell at a faster pace and the job shedding rate accelerated to an eight-month low as the coronavirus pandemic hit the economy. Among sectors, the apartment and commercial construction shrank at a steeper rate while the building sector indicated modest growth for a fourth consecutive month and contraction in engineering construction activity eased slightly.
2020-04-02

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 manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.