Oz Blog News Commentary

Construction PMI tanks

October 5, 2018 - 09:21 -- Admin

Good bye Botox Boom hello credit crunch: ▪ The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) declined by 2.5 points to 49.3 points (seasonally adjusted) in September. ▪ This fall in the Australian PCI® to a level below the critical 50-points threshold (that separates expansion from contraction) signalled the first

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