Construction index records positive quarter-on-quarter progress
JSE-listed diversified miner and materials supplier Afrimat finds in its latest construction index that eight of the nine constituent indicators of the index recorded real growth rates in the second quarter of the year, compared with the first quarter.
Notably, the construction sector added more than 100 000 jobs in the quarter, outperforming all other sectors of the economy.
The Afrimat Construction Index (ACI) increased to a level of 115.4 in the second quarter, compared with 109.1 in the prior quarter.