The Australian Industry Group and HIA Australian Performance of Construction Index (Australian PCI®) eased by 0.6 points to 57.0 points in November 2021 following a strong rebound in September (seasonally adjusted). The Australian PCI® remained elevated in November but decelerated mildly, indicating the pace of improvement recorded in October was broadly maintained, following the end of lockdowns and a return to more normal conditions. Results above 50 points indicate expansion, with higher results indicating a stronger pace of expansion.

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