The Ai Group Construction Index measures overall activity in the construction sector in Australia compared with the previous month. It is a composite index based on five indicators: Sales, New Orders, Employment, Deliveries, and Prices. Readings above 50 suggest sector expansion, while readings below 50 indicate contraction, making it a useful gauge for economic trends in construction.
A higher than expected figure should be seen as positive (bullish) for the AUD while a lower than expected figure should be seen as negative (bearish) for the AUD.