Australian business activity expands for 3rd consecutive month

Source: RTT News
Construction sector activity in Australia accelerated for the third successive month in December with the construction index reaching a level of 50.8, however the figure fell sharply compared to the previous month, a report revealed by the Australia Industry Group showed on Wednesday. According to the report, Australia's construction activity fell from November's 55.2, but stayed above a level of 50 signalling an expansion in the sector.

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