The Australian Industry Group Performance of Construction Index fell to 46.4 in October of 2018 from 49.3 in September, falling for the sixth time in seven months and contracting for the second time since January of 2017, mainly dragged by a 7.1 point plunge to 44.9 in activity, with new orders also falling 2.6 points to 44.5. In contrast, employment gained 1.1 points to 48.0 but still remained in contraction. Meantime, wages edged down 0.2 to 60.4 and capacity utilization increased 2.2 points to 78.4. Construction Pmi in Australia averaged 46.37 Index Points from 2005 until 2018, reaching an all time high of 60.50 Index Points in July of 2017 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 3.30 -9.40 32.00 -22.40 percent [+]
New Home Sales 4821.00 4769.00 20768.00 4769.00 [+]
Housing Index -0.70 -0.70 6.10 -2.20 percent [+]
Home Ownership Rate 65.00 67.00 71.40 65.00 percent [+]
Construction Output 1.60 2.40 16.60 -18.90 percent [+]
Construction Pmi 46.40 49.30 60.50 29.24 Index Points [+]

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. 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
46.40 49.30 60.50 29.24 2005 - 2018 Index Points Monthly

Country Last
Australia 46.40 Oct/18
Euro Area 52.20 Oct/18
France 52.20 Oct/18
Germany 49.80 Oct/18
Italy 55.90 Oct/18
United Kingdom 53.20 Oct/18