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Date Time Australian PCI: Construction expansion hit with high prices and capacity squeeze The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) fell by a further 2.8 points to 55.5 in June, trending lower after hitting a record high in March (readings above 50 indicate expansion in activity, with higher results indicating a faster expansion). Current activity in housing, engineering and commercial construction remained strong in June (trend), but the deceleration from recent highs confirms that growth rates are slowing. Ai Group Head of Policy, Peter Burn, said: “Australia’s construction industry continued its run of strong growth in June but the pace of expansion is slipping as it faces capacity constraints and rising input prices. Activity across house building, engineering construction and commercial construction rose in June while activity in the apartment sector slipped back after a brief recovery. Emp

New south walesTom devittAi groupAustralian industryConstruction indexGroup headPeter burnKey findingsபுதியது தெற்கு வேல்ஸ்டோம் டேவிட்டஐ குழுஆஸ்திரேலிய தொழில்கட்டுமானம் குறியீட்டுகுழு தலைபீட்டர் எரிக்கவிசை கண்டுபிடிப்புகள்