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

The NAB business confidence index in Australia edged down to 6 in June of 2018 from an upwardly revised 7 in the previous month and missing market consensus of 8. It is the lowest reading since December 2016. The employment index declined by 4 points to 5, marking the second straight month of fall. Meantime, the gauge measuring business conditions ticked up by 1 point to 15 after the pull-back in the previous month. By component, both profitability (up 5 points to 17) and sales (up 3 points to 23) posted their gains. A sharp decline in the mining industry, and a further drop in transport & utilities and recreational & personal services offset increases in manufacturing, construction, wholesale and financial, property & business service. Business Confidence in Australia averaged 6 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
2018-05-07 01:30 AM NAB Business Confidence 10 8 9
2018-06-12 01:30 AM NAB Business Confidence 6 11 9 10
2018-07-10 01:30 AM NAB Business Confidence 6 7 8 9
2018-08-08 01:30 AM NAB Business Confidence 6 7
2018-09-12 01:30 AM NAB Business Confidence 10
2018-10-10 12:30 AM NAB Business Confidence 11


Australia Business Last Previous Highest Lowest Unit
Business Confidence 6.00 7.00 21.00 -30.00 Index Points [+]
Services PMI 63.00 59.00 63.00 39.00 Index Points [+]
Manufacturing PMI 57.40 57.50 63.10 30.86 [+]
Industrial Production 1.70 2.40 12.00 -7.70 percent [+]
Industrial Production Mom 0.00 0.60 5.10 -7.10 percent [+]
Manufacturing Production 2.40 2.80 8.60 -11.80 percent [+]
Capacity Utilization 82.39 82.01 84.67 78.24 percent [+]
New Orders 49.00 31.00 49.00 -37.00 Index Points [+]
Changes in Inventories 1222.00 390.00 4102.00 -3764.00 AUD Million [+]
Bankruptcies 750.00 619.00 1123.00 217.00 Companies [+]
Corporate Profits 86499.00 81652.00 86499.00 12032.00 AUD Million [+]
Total Vehicle Sales 130300.00 100754.00 130300.00 48099.00 [+]
Car Registrations 14078.61 13815.11 14078.61 3990.94 Thousand [+]
Leading Economic Index 0.01 -0.24 0.54 -1.10 percent [+]
Small Business Sentiment 7.92 3.36 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 0.40 0.20 15.60 -8.10 percent [+]
Mining Production 1.10 2.40 25.60 -16.90 percent [+]
Steel Production 518.03 498.18 819.00 238.00 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 52.90 55.60 58.30 52.90 Index Points [+]
Business Inventories 0.70 0.20 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.00 7.00 21.00 -30.00 1997 - 2018 Index Points Monthly
SA




business confidence by Country
Country Last
Australia 6.00 Jun/18
Brazil 50.20 Jul/18
Canada 63.10 Jun/18
China 51.50 Jun/18
Euro Area 1.39 Jun/18
France 110.00 Jun/18
Germany 101.80 Jun/18
India 59.70 Dec/17
Indonesia 106.28 Mar/18
Italy 106.90 Jun/18
Japan 21.00 Jun/18
Mexico 48.70 Jun/18
Netherlands 7.70 Jun/18
Russia -2.00 Jun/18
South Korea 80.00 Jun/18
Spain 0.20 Jun/18
Switzerland 101.70 Jun/18
Turkey 104.60 Jun/18
United Kingdom -4.00 Jun/18
United States 60.20 Jun/18


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