The Australian Industry Group (AiG) released its construction data for Australia on late Wednesday evening. The Ai Group/HIA Australian Performance of Construction Index fell to 45.2 in March from 46.1 in February, reaching the 13-month low.
A reading above 50 indicates expansion in the sector, a reading below 50 indicates contraction.
The decline was mainly driven by a drop in house building and apartment building activity, and employment.
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