HomeLive CommentsAustralia AiG construction rose to 35.5, slower pace of contraction

Australia AiG construction rose to 35.5, slower pace of contraction

ActionForex
By ActionForex

Australia AiG Performance of Construction Index rose to 35.5 in June, up from 24.9. The data indicates improvement in business conditions in the sector, with pace of contracted eased from the record lows experienced since March. In trend terms, all components improved but stayed below 50. IN particular, activity rose 13.7 pts to 35.1. New orders rose 9.8 pts to 32.8. Employment rose 11.3 pts to 40.4.

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