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

The NAB business confidence index in Australia plunged to 4 in August of 2018 from 7 in a month earlier and worse than market consensus of 5. It was the weakest reading since July 2016, falling below its average, amid political uncertainty. The employment index was unchanged at 10. Meantime, the gauge measuring business conditions rose 2 point to 15, well above the long-run average of 6. By component, both profitability (up 6 points to 16) and sales (up 1 points to 19) gained. Also, the sub-indexes for forward orders were up by 3 points to 5. Conditions increased in mining and manufacturing and though retail showed some improvement, conditions in the sector were still negative. Conditions in most of the remaining industries deteriorated, namely in the construction sector. Business Confidence in Australia averaged 6.01 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
2018-07-10 01:30 AM NAB Business Confidence 6 7 8 9
2018-08-14 01:30 AM NAB Business Confidence 7 6 6 7
2018-09-11 01:30 AM NAB Business Confidence 4 7 5 6
2018-10-10 12:30 AM NAB Business Confidence 4 11
2018-11-14 12:30 AM NAB Business Confidence 12
2018-12-10 12:30 AM NAB Business Confidence 10


Australia Business Last Previous Highest Lowest Unit
Business Confidence 4.00 7.00 21.00 -30.00 Index Points [+]
Services PMI 52.20 53.60 63.00 39.00 Index Points [+]
Manufacturing PMI 56.70 52.00 63.10 30.86 [+]
Industrial Production 4.40 1.70 12.00 -7.70 percent [+]
Industrial Production Mom 2.20 0.30 5.10 -6.90 percent [+]
Manufacturing Production 6.50 2.40 8.60 -11.80 percent [+]
Capacity Utilization 82.27 82.19 84.67 78.24 percent [+]
New Orders 31.00 49.00 49.00 -37.00 Index Points [+]
Changes in Inventories 1160.00 1242.00 4102.00 -3764.00 AUD Million [+]
Bankruptcies 764.00 669.00 1123.00 217.00 Companies [+]
Corporate Profits 88467.00 86762.00 88467.00 12032.00 AUD Million [+]
Total Vehicle Sales 85551.00 130300.00 130300.00 48099.00 [+]
Car Registrations 14078.61 13815.11 14078.61 3990.94 Thousand [+]
Leading Economic Index 0.10 0.00 0.54 -1.10 percent [+]
Small Business Sentiment 1.54 7.92 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 -2.50 1.20 15.40 -8.50 percent [+]
Mining Production 4.40 1.00 25.60 -16.90 percent [+]
Steel Production 515.57 506.96 819.00 238.00 Thousand Tonnes [+]
Corruption Index 77.00 79.00 88.60 77.00 Points [+]
Corruption Rank 13.00 13.00 13.00 7.00 [+]
Competitiveness Index 5.19 5.19 5.20 5.08 Points [+]
Competitiveness Rank 21.00 22.00 22.00 15.00 [+]
Composite Pmi 52.00 52.30 58.30 52.00 Index Points [+]
Business Inventories 0.60 0.80 2.80 -2.80 percent [+]
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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.00 7.00 21.00 -30.00 1997 - 2018 Index Points Monthly
SA




business confidence by Country
Country Last
Australia 4.00 Aug/18
Brazil 53.30 Aug/18
Canada 61.90 Aug/18
China 51.30 Aug/18
Euro Area 1.22 Aug/18
France 110.00 Aug/18
Germany 103.80 Aug/18
India 59.70 Dec/17
Indonesia 112.82 Jun/18
Italy 104.80 Aug/18
Japan 21.00 Jun/18
Mexico 51.30 Aug/18
Netherlands 5.90 Aug/18
Russia -3.00 Aug/18
Saudi Arabia 3.00 Jun/16
Singapore 7.00 Jun/18
South Africa 38.00 Sep/18
South Korea 73.00 Aug/18
Spain -4.30 Aug/18
Switzerland 100.30 Aug/18
Turkey 96.40 Aug/18
United Kingdom -3.00 Sep/18
United States 61.30 Aug/18


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