Name: Australia Ai Group Industry Index - Construction
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

Industry Index Construction in Australia shrank sharply by 19.8 points to -9.2 in July of 2023, pointing to the 13 consecutive months of contraction. source: Australian Industry Group

Industry Index Construction in Australia averaged -4.26 points from 2020 until 2023, reaching an all time high of 23.90 points in March of 2021 and a record low of -57.40 points in April of 2020. This page includes a chart with historical data for Australia Ai Group Industry Index - Construction. Australia Ai Group Industry Index - Construction - values, historical data and charts - was last updated on August of 2023.

Industry Index Construction in Australia is expected to be -7.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Ai Group Industry Index - Construction is projected to trend around 12.00 points in 2024 and 5.00 points in 2025, according to our econometric models.

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Australia Ai Group Industry Index - Construction

The Australian Industry Index is a monthly index that measures changes in activity in Australia’s industrial sectors. It provides diffusion indices which measure rates of changes in the level of industrial activity – expansion, stability or contraction. A positive reading indicates the activity is expanding; negative indicates contraction. The distance from 0 indicates the strength of the expansion or decline.