The Australia AiG Construction PMI declined further to 38.4 in August of 2021 from 48.7 in the prior month. The reading pointed to the second consecutive month of contraction in construction activity and at the steepest pace since August of 2020, amid extended lockdown restrictions to curb a recent Covid-19 outbreak across the country. source: Australian Industry Group
Construction PMI in Australia averaged 46.21 points from 2005 until 2021, reaching an all time high of 61.80 points in March of 2021 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 September 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. In the long-term, the Australia Construction PMI is projected to trend around 50.00 points in 2022 and 47.00 points in 2023, according to our econometric models.