Australia Construction Sector Slows In March - AiG

The construction sector in Australia continued to expand in March, although at a slower pace, the latest survey from the Australian Industry Group showed on Friday with a Performance of Construction Index score of 51.2.

That's down from 53.1 in February, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, the slowdown was attributed to softness in apartment, commercial and building activity - although house building picked up steam.

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