Australian Industry Group Performance of Construction Index for January 54.3 (prior 52.8)

AKA the construction PMI, rising along with the other AiG performance indexes in January

The construction PMI is the final of the 3. It does not tend to impact on the forex upon release. But, it all goes into the mix ... and its worth noting that this move higher for the index comes amidst a lot of (misplaced) doom and gloom on the construction sector.

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The earlier PMIs from the land down under for January:

• Australia data - AiG manufacturing PMI, January: 58.7 (prior 56.2)
• Australia - CBA / Markit manufacturing PMI for January: 55.4 (prior 57.1)
• Australia - AiG Services PMI for January: 54.9 (prior 52.0)
• Australia - CBA/Markit Jan Services PMI: 53.8 (prior 55.1) & Composite: 54.2 (55.5)