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Australia Construction Pmi

Discussion in 'Market News' started by Sam, Oct 9, 2015.

  1. Sam

    Sam Forum Member

    Sep 1, 2015
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    Construction Pmi in Australia decreased to 51.90 Index Points in September from 53.80 Index Points in August of 2015. Construction Pmi in Australia averaged 44.96 Index Points from 2005 until 2015, 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. Construction Pmi in Australia is reported by the Australian Industry Group. 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.

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