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Australia Construction Index Expands for 9th Straight Month

--Index -1.5 Points to 53.2 in October
     SYDNEY (MNI) - AI Group/Housing Industry Association Performance of
Construction Index (Australian PCI) for October published Tuesday.
                          October  Change from Previous Month
-------------------------------------------------------------
Australian PCI               53.2                        -1.5
Activity - Overall           52.9                        +0.3
Activity - Houses            53.1                        -3.5
Activity - Apartments        46.8                        +5.4
Activity - Commercial        50.1                        -0.2
Activity - Engineering       60.9                        +4.0
New Orders                   53.6                        +0.3
Employment                   52.4                        -3.0
Deliveries                   54.2                        -6.6
Input Prices                 75.0                        +2.5
Wages                        59.9                        -6.9
Selling Prices               53.6                        -6.0
Capacity Utilization (%)     79.0                        +1.3
--MNI Sydney Bureau; tel: +61 2-9716-5467; email: sophia.rodrigues@marketnews.com
[TOPICS: MTABLE,MALDS$,M$A$$$,M$L$$$,MT$$$$]

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