The Australian Bureau of Statistics (ABS) has just released concrete production statistics for the month of February, which revealed a 36% increase in concrete volumes over the month.
The data is incredibly volatile and no doubt affected by seasonality. As such, it is presented below in index form on a rolling annual basis:
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According to the ABS, concrete production rose by 3% nationally over the year on a rolling annual basis. This increase was driven by the Northern Territory and Western Australia, which experienced a 42% and 18% increase respectively, presumably on the back of the current mining investment boom. By contrast, concrete use in the other states grew by a combined 1% only over the year on a rolling annual basis.
