The IHS Markit Australia Manufacturing PMI was revised slightly higher to 56.9 in July of 2021 from a preliminary of 56.8, still lower than 58.6 in June. The reading pointed to the slowest growth in factory activity in 4 months amid disruptions from a resurgence of COVID-19 cases and sustained supply constraints. The rate of growth for both demand and production eased further in July as COVID-19 lockdowns affected a greater number of Australian states. Production issues played a part as well with longer suppliers’ delivery times and a shortage of labour, all while firms faced intensifying price pressures. Overall Australian manufacturers remained optimistic with regards to the outlook for the sector, though the degree of optimism was taken a notch lower by the uncertainty surrounding the latest rise in COVID-19 cases. source: Markit Economics

Industrial Sentiment in Australia averaged 53.85 points from 2016 until 2021, reaching an all time high of 60.40 points in May of 2021 and a record low of 44 points in May of 2020. This page provides - Australia Commonwealth Bank Manufacturing PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Markit Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.

Industrial Sentiment in Australia is expected to be 60.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Markit Manufacturing PMI is projected to trend around 54.50 points in 2022, according to our econometric models.

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Australia Markit Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
56.90 58.60 60.40 44.00 2016 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-22 11:00 PM Markit Manufacturing PMI Flash Jun 58.4 60.4 61
2021-06-30 11:00 PM Markit Manufacturing PMI Final Jun 58.6 60.4 58.4
2021-07-22 11:00 PM Markit Manufacturing PMI Flash Jul 56.8 58.6 57.5
2021-08-01 11:00 PM Markit Manufacturing PMI Final Jul 56.9 58.6 56.8
2021-08-22 11:00 PM Markit Manufacturing PMI Flash Aug 56.9
2021-08-31 11:00 PM Markit Manufacturing PMI Final Aug 56.9
2021-09-22 11:00 PM Markit Manufacturing PMI Flash Sep
2021-09-30 11:00 PM Markit Manufacturing PMI Final Sep


News Stream
Australia Markit Manufacturing PMI Revised Up
The IHS Markit Australia Manufacturing PMI was revised slightly higher to 56.9 in July of 2021 from a preliminary of 56.8, still lower than 58.6 in June. The reading pointed to the slowest growth in factory activity in 4 months amid disruptions from a resurgence of COVID-19 cases and sustained supply constraints. The rate of growth for both demand and production eased further in July as COVID-19 lockdowns affected a greater number of Australian states. Production issues played a part as well with longer suppliers’ delivery times and a shortage of labour, all while firms faced intensifying price pressures. Overall Australian manufacturers remained optimistic with regards to the outlook for the sector, though the degree of optimism was taken a notch lower by the uncertainty surrounding the latest rise in COVID-19 cases.
2021-08-01
Australia Manufacturing PMI Eases to 4-Month Low
The IHS Markit Australia Manufacturing PMI decreased to 56.8 in July of 2021, down from a final reading of 58.6 in June, preliminary data showed. New orders and output slowed in July, although the rate of job creation was the fastest since the series began.
2021-07-22
Australia Manufacturing PMI Eases from Records
The IHS Markit Australia Manufacturing PMI decreased to 58.6 in June of 2021, down from May's record high of 60.4, compared to a preliminary reading of 58.4. Factory orders and output slowed in June while employment growth momentum also eased. On the price front, both input costs and output prices increased at slower rates compared to May.
2021-06-30
Australia Manufacturing PMI Eases from Records
The IHS Markit Australia Manufacturing PMI decreased to 58.4 in June of 2021, down from May's record high of 60.4, preliminary data showed. Factory orders and output slowed in June while employment growth momentum also eased. On the price front, both input costs and output prices increased at slower rates compared to May.
2021-06-22

Australia Markit Manufacturing PMI
The IHS Markit Manufacturing PMI is based on data compiled from monthly replies to questionnaires sent to a representative panel of purchasing executives in over 400 private sector manufacturing firms in Australia. The panel is stratified by GDP and company workforce size. The manufacturing sector is divided into the following nine broad categories: Food & Drink, Textiles & Clothing, Wood & Paper, Chemicals, Plastics & Rubber, Metals & Metal Products, Electronic & Electrical Equipment, Machinery & Equipment, Transport Equipment and Other Manufacturing. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.