Australia Business Confidence  1997-2018 | Data | Chart | Calendar

The NAB business confidence index in Australia rose to 12 in January of 2018 from a downwardly revised 10 in a month earlier and above market consensus of 10. It was the highest reading since April 2017 amid a stronger global economic backdrop. In January, business conditions jumped by 6 points to 19, far above the long-run average of 5. By component, both profitability (up 9 points to 23) and sales (up 8 points to 26) posted strong gains. At the same time, employment conditions were unchanged (at 6), remaining consistent with a solid rate of job creation of approximately 20,000 per month. Strong business conditions were broad-based across all major industry groups with the exception of retail. "We are hopeful that Australia will see stronger economic growth in coming quarters, due to the strength in the labor market, business activity and infrastructure spending," said NAB group chief economist Alan Oster. Business Confidence in Australia averaged 5.94 Index Points from 1997 until 2018, reaching an all time high of 21 Index Points in April of 2002 and a record low of -30 Index Points in October of 2008.

Australia Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-12 12:30 AM NAB Business Confidence 6 9 8
2018-01-30 12:30 AM NAB Business Confidence 11 7 12 8
2018-02-13 12:30 AM NAB Business Confidence 12 10 10 9
2018-03-12 12:30 AM NAB Business Confidence 12 10.53
2018-04-10 01:30 AM NAB Business Confidence 10.29
2018-05-10 01:30 AM NAB Business Confidence 9.77


Australia Business Last Previous Highest Lowest Unit
Business Confidence 12.00 10.00 21.00 -30.00 Index Points [+]
Services PMI 54.90 52.00 57.70 39.00 Index Points [+]
Manufacturing PMI 58.70 56.20 62.13 30.86 [+]
Industrial Production 3.60 1.20 12.00 -7.70 percent [+]
Industrial Production Mom 1.40 1.50 5.10 -6.90 percent [+]
Manufacturing Production 2.40 0.10 8.60 -11.80 percent [+]
Capacity Utilization 82.67 82.23 84.67 78.24 percent [+]
New Orders 33.00 38.00 47.00 -37.00 Index Points [+]
Changes in Inventories 506.00 -273.00 4102.00 -3759.00 AUD Million [+]
Bankruptcies 534.00 669.00 1123.00 217.00 Companies [+]
Corporate Profits 79233.00 79405.00 82147.00 12032.00 AUD Million [+]
Total Vehicle Sales 103743.00 99256.00 103743.00 48099.00 [+]
Car Production 1.00 1825.00 39306.00 1.00 Units [+]
Car Registrations 14078.61 13815.11 14078.61 3990.94 Thousand [+]
Leading Economic Index 0.26 0.05 0.54 -1.08 percent [+]
Small Business Sentiment 3.36 7.65 18.71 -21.10 [+]
Internet Speed 11063.10 10098.33 11063.10 1922.87 KBps [+]
IP Addresses 9859878.00 9310525.00 13859005.00 5227461.00 IP [+]
Private Investment 1.00 1.10 15.60 -8.10 percent [+]
Mining Production 5.90 5.50 25.60 -16.90 percent [+]
Steel Production 471.82 482.36 819.00 238.00 Thousand Tonnes [+]
Competitiveness Index 5.19 5.19 5.20 5.08 Points [+]
Competitiveness Rank 21.00 22.00 22.00 15.00 [+]
Composite Pmi 54.20 55.50 58.30 53.10 Index Points [+]
Business Inventories 0.20 -0.50 2.80 -2.80 percent [+]
Corruption Index 79.00 79.00 88.60 79.00 Points [+]
Corruption Rank 13.00 13.00 13.00 7.00 [+]
Ease of Doing Business 14.00 15.00 15.00 9.00 [+]


Australia Business Confidence

The NAB monthly survey of business confidence is based on a telephone survey of around 600 small, medium and large size non-agricultural companies. The Survey measures the expectations of business conditions for the upcoming month and is a simple average of trading, profitability and employment indices, reported by respondents for their company. The indices are calculated by taking the difference between the percentage of respondents nominating good or very good, or a rise and those nominating poor or very poor, or a fall. This page provides - Australia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Business Confidence - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
12.00 10.00 21.00 -30.00 1997 - 2018 Index Points Monthly
SA




business confidence by Country
Country Last
Australia 12.00 Jan/18
Brazil 59.00 Jan/18
Canada 55.20 Jan/18
China 51.30 Jan/18
Euro Area 1.54 Jan/18
France 113.00 Jan/18
Germany 117.60 Jan/18
India 59.70 Dec/17
Indonesia 111.02 Dec/17
Italy 109.90 Jan/18
Japan 25.00 Dec/17
Mexico 50.40 Jan/18
Netherlands 10.30 Jan/18
Russia -3.00 Jan/18
South Korea 77.00 Jan/18
Spain 3.70 Jan/18
Switzerland 106.90 Jan/18
Turkey 108.30 Jan/18
United Kingdom 13.00 Mar/18
United States 59.10 Jan/18


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