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Financial News: Australia Construction Sector Slows In June - AiG

Australia Construction Sector Slows In June - AiG

07/05/2018 - 19:39:00 (RTTNews)

(RTTNews) - The construction sector in Australia continued to expand in June, albeit at a much slower pace, the latest survey from the Australian Industry Group showed on Friday with a Performance of Construction Index score of 50.6.

That's down from 54.0 in May, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

The index has expanded now in 17 consecutive months.

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