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    Australia AiG construction index recovered to 44.6, slower contraction

    ActionForex
    By ActionForex

    Australia AiG Performance of Construction Index recovered to 44.6 in August, up from 39.1. The reading indicated an easing in the construction industry’s overall rate of decline. Looking at some details, rates of decline in new orders, supplier deliveries and employment were all slower in the month. But overall, key activity sub-index fell for an 11th consecutive month.

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