Australia Performance Of Construction Index Climbs To 51.9 - AiG

The construction sector in Australia continued to expand in April, and at a faster rate, the latest survey from the Australian Industry Group revealed on Friday with a Performance of Construction Index score of 51.9.

That's up from 51.2 in March, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Among the actives, house building activity continued to expand in April, while apartment building turned back to expansion - but commercial construction continued to weaken.

News are provided by InstaForex