FX & CFD trading involves significant risk
The Australian Industry Group (AiG) released its construction data for Australia on late Sunday evening. The Ai Group/HIA Australian Performance of Construction Index fell to 46.8 in December from 50.7 in November.
A reading above 50 indicates expansion in the sector, a reading below 50 indicates contraction.
The decline was driven by weak activity in the engineering and commercial construction sectors.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.