Ai Group/HIA Australian Performance of Construction Index is up to 50.8 in April
The Australian Industry Group (AiG) released its construction data for Australia on late Thursday evening. The Ai Group/HIA Australian Performance of Construction Index jumped to 50.8 in April from 45.2 in March.
A reading above 50 indicates expansion in the sector, a reading below 50 indicates contraction.
The rise was mainly driven by an increase in engineering construction.
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