Ai Group/HIA Australian Performance of Construction Index is down to 50.7 in November

Market news

7 December 2015

Ai Group/HIA Australian Performance of Construction Index is down to 50.7 in November

The Australian Industry Group (AiG) released its construction data for Australia on late Sunday evening. The Ai Group/HIA Australian Performance of Construction Index fell to 50.7 in November from 52.1 in October.

A reading above 50 indicates expansion in the sector.

The decline was mainly driven by a drop in house building and commercial and engineering construction.

"The continuing boom in apartment building saw a slight lift in the overall construction sector in November despite falls in house building and commercial and engineering construction," Ai Group Head of Policy, Peter Burn, said.

European stock markets mid session: stocks traded higher on a weaker euro

German industrial production rises 0.2% in October

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