简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:"Australia’s construction sector continued a run of expansion in March with activity, employment and new orders all gaining further ground.
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) improved by 3.1 points to 56.5 in March, indicating further recovery in activity across the construction sector after the summer holiday periods sharp fall (readings above 50 indicate expansion in activity, with higher results indicating a faster expansion).
Australian PCI® – Key Findings for March 2022:
The activity indexes for all four sectors in the Australian PCI® expanded in March, building on February's return to better business conditions. Activity rose and improved in apartments (up 6.3 points to 56.3) and commercial construction (up 4.5 points to 63.3), while engineering (down 2.7 points to 53.6) and housing (down 4.1 points to 54.2) both moderated compared to the stronger growth in the previous month.
The new orders index in the Australian PCI® lifted slightly in March (up 0.3 points to 55.7), indicating expanding and improving demand, while supplier deliveries contracted for a ninth consecutive month (up 1.3 points to 43.2).
The index for input prices moderated slightly but continued to indicate ongoing upward pressure (down 1.0 point to 94.6), marking more than a year of extremely elevated results. The selling prices index marked 17 months of expansion but eased from February's series high (down 1.6 points to 85.2).
The average wages index eased back from a series high in February (down 0.9 points to 76.6) but recorded a seventh month of elevated wages pressures. The employment index jumped to a series high in March (up 11.8 points to 66.1) and respondents to the Australian PCI® reported plans to increase employment in the coming months.
View all Economic Indicators
Seasonally adjusted | Index this month | Change from last month | 12 month average | Seasonally Adjusted | Index this month | Change from last month | 12 month average |
Australian PCI® | 56.5 | 3.1 | 52.5 | House building | 54.2 | -4.1 | 49.9 |
Activity | 56.1 | -0.4 | 51.4 | Apartments | 56.3 | 6.3 | 43.1 |
Employment | 66.1 | 11.8 | 58.2 | Commercial | 63.3 | 4.5 | 51.6 |
New Orders | 55.7 | 0.3 | 53.1 | Engineering | 53.6 | -2.7 | 55.4 |
Supplier Deliveries | 43.2 | 1.3 | 44.0 | ||||
Input Prices | 94.6 | -1.0 | 95.9 | ||||
Selling Prices | 85.2 | -1.6 | 79.8 | ||||
Average Wages | 76.6 | -0.9 | 73.1 | Capacity Utilisation (% - seasonally adjusted) | 83.6 | -2.0 | 83.3 |
Results above 50 points indicate expansion.
Background: The Ai Group/HIA Australian PCI® is a seasonally adjusted national composite index based on the diffusion indexes for activity, orders/new business, deliveries and employment with varying weights. An Australian PCI® reading above 50 points indicates that construction activity is generally expanding; below 50, that it is declining. The distance from 50 is indicative of the strength of the expansion or decline.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
In a landmark move, global trading broker Hantec Markets has become the official trading partner of Fortaleza EC—one of Brazil’s most beloved and historic football clubs. This partnership underscores Hantec Markets’ commitment to aligning with premier sports organizations that share the company’s values of ambition, determination, and excellence.
Binary options trading involves predicting whether an asset's price will rise or fall within a specific timeframe. Unlike traditional investing, more specifically, binary options demand rapid decisions due to fixed expiry times (e.g., 60 seconds to 1 hour). For instance, speculating if EUR/USD will be above 1.0800 in the next five minutes. Success yields a fixed payout, while failure results in the loss of invested capital. Binary indicators distill complex market data—price action, volume, volatility—into actionable signals tailored for short-term trades. Indicators act as a compass, guiding traders to trends, reversals, and optimal entry points, thus enabling traders to detect market shifts for higher-probability decisions.
Baazex is a relatively new broker registered in the United Arab Emirates, with an operating history of between 2 to 5 years. Despite its claims of offering over 1500 trading instruments—from foreign exchange pairs like EUR/USD, GBP/USD, and AUD/JPY, to major stocks including Apple, Meta, Disney, LVMH, and Tesla; as well as commodities (oil, gold, silver, coffee), indices, cryptocurrencies, and futures—investors should be aware of some critical risks.
Founded in 2014, Olymp Trade has been operating for over a decade, expanding its services and user base considerably, now offering focused trading in fixed-time trades (previously known as binary options in some regions) and Forex. Specifically, Olymp Trade operates two trading modes: fixed-time trades and forex mode. Fixed-time trades refer to trades with predetermined expiration times, where traders predict market movement directions. Payouts typically range from 70-90% of the investment amount. Forex Mode is a more traditional forex trading approach with variable leverage (up to 1:500 for experienced traders). At the same time, it allows for more sophisticated trading strategies with customisable take-profit and stop-loss orders.