The Australian Industry Group and HIA Australian Performance of Construction Index (Australian PCI®) improved by 3.1 points to 56.5 points, indicating further recovery in activity across the construction sector after a sharp fall over the summer holiday period (seasonally adjusted). Results above 50 points indicate expansion in the sector, with higher results indicating a stronger expansion.

All sectors reported expansion in March, however growth in house building and engineering eased from February. The index for new orders rose and employment jumped up to record a series high, activity (seasonally adjusted).

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