Australia Leading Economic Index  Forecast


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Leading Economic Index in Australia is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Australia to stand at 0.20 in 12 months time. In the long-term, the Australia Leading Economic Index is projected to trend around 0.10 percent in 2020, according to our econometric models.


Australia Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 8 8 6 9 10 6
Services PMI 51.4 52.5 53 52.8 52 52.2
Manufacturing PMI 51.1 54 53 53.4 53 52
Industrial Production 0.7 2.47 3.03 3.14 2.94 2.32
Industrial Production Mom 0.8 0.49 0.55 0.49 0.51 0.55
Manufacturing Production -0.4 0.2 0.2 -0.5 -0.6 1
Capacity Utilization 81.73 81.71 81.62 81.56 81.49 81.16
New Orders 38 24.01 21.31 17.77 17.71 14.98
Changes in Inventories -419 219 366 391 413 421
Bankruptcies 741 729 712 701 693 665
Corporate Profits 78688 64900 74632 74926 75042 59900
Total Vehicle Sales 98922 98865 98655 98460 98271 101000
Car Production 10499 10700 14861 16156 17161 12700
Car Registrations 14079 14060 14186 14250 14313 14758
Leading Economic Index 0.13 0.2 0 0.1 0.2 0.1
Small Business Sentiment 7.65 8.87 3.26 3.06 2.15 1.77
Internet Speed 11063 12170 12322 12490 12505 11755
IP Addresses 9859878 9605209 9404654 9311370 9192759 8784847
Private Investment 0.8 1.01 1.19 1.24 1.29 1.43
Mining Production 2.9 0.7 1.2 1.1 0.9 4
Steel Production 427 459 478 493 505 559
Competitiveness Index 5.19 5.19 5.21 5.21 5.21 5.25
Competitiveness Rank 21 22 23 23 22 25
Business Inventories -0.4 0.6 0.39 0.41 0.5 0.4
Corruption Index 79 80 80 81 81 83
Corruption Rank 13 12 12 11 11 8
Ease of Doing Business 14 14 16 16 16 17