The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index declined to 58.3 in May of 2021 from 59.1 in April. source: Australian Industry Group
Construction PMI in Australia averaged 46.18 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 June of 2021.
Construction PMI in Australia is expected to be 60.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction PMI in Australia to stand at 54.00 in 12 months time. 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.