- Analytics
- News and Tools
- Market News
- The index of construction activity in Australia increased in November
The index of construction activity in Australia increased in November
The index of activity in the construction sector of Australia, published by the Australia Industry Group (AiG) and the Association of the housing industry was 46.6 points in November, higher than the previous value of 45.9. This indicator is based on a survey of 120 companies and reflects the conditions in the construction sector in the short and medium term. Companies respond to questions relating to production, employment, supplier prices, stocks and new orders. The high value of the index is positive, or bullish for the Australian currency.
The AiG report noted that an increase of 0.7 points from October indicates a somewhat slower rate of decline in the construction industry as a whole. Softer reduction was due to a less pronounced decline in new orders and deliveries from suppliers.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
