Australian PCI

The Ai Group Australian Industry Index fell in June 2023, losing 1.1 points to -11.9 points (seasonally adjusted). This indicates contractionary conditions. The index has been in contraction for the last fourteen months. The contraction indicated by the Ai Group Australian Industry Index continued in June. The index has indicated contracting conditions for fourteen months […]

The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI) fell by 4.8 points to 37.9 in March, delivering the lowest monthly result since May 2013.  Readings below 50 indicate contraction in activity, with the distance from 50 indicating the strength of the decrease.  March marked a 19th consecutive month of contraction. […]