The AIG Australian Performance of Manufacturing Index went up 1.8 points from the previous month to 53.1 in August 2019, the highest since April. Production and sales rose back into expansion in August after contracting in July; and exports and new orders grew at a faster pace. Meanwhile, the employment index indicated slower job growth. Demand from defence and mining projects lifted the machinery and equipment sector into expansion, but the metals sector and other heavy industrial manufacturers are still reporting tough trading conditions. The food & beverages sector is still growing but recorded its lowest monthly result since November 2016. Manufacturing PMI in Australia averaged 50.79 from 1992 until 2019, reaching an all time high of 62.50 in March of 2018 and a record low of 29.47 in February of 2009.

Manufacturing PMI in Australia is expected to be 52.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Australia to stand at 53.80 in 12 months time. In the long-term, the Australia Manufacturing PMI is projected to trend around 52.00 in 2020, according to our econometric models.

Australia Manufacturing PMI
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Australia Business Last Previous Highest Lowest Unit
Business Confidence 1.00 4.00 21.00 -30.00 Index Points [+]
Services PMI 51.40 43.90 63.00 32.50 Index Points [+]
Manufacturing PMI 53.10 51.30 62.50 29.47 [+]
Industrial Production 1.90 1.30 12.60 -7.60 percent [+]
Industrial Production Mom 1.20 0.70 5.20 -7.10 percent [+]
Manufacturing Production -3.10 -1.70 8.60 -11.80 percent [+]
Capacity Utilization 82.04 80.89 84.62 78.24 percent [+]
New Orders 36.00 22.00 49.00 -37.00 Index Points [+]
Changes in Inventories -1982.00 559.00 4159.00 -3848.00 AUD Million [+]
Bankruptcies 846.00 708.00 1123.00 217.00 Companies [+]
Corporate Profits 98026.00 93796.00 98026.00 12032.00 AUD Million [+]
Total Vehicle Sales 85633.00 83184.00 130300.00 48099.00 [+]
Car Registrations 14330.43 14078.57 14330.43 3990.94 Thousand [+]
Leading Economic Index -0.30 0.10 0.54 -1.10 percent [+]
Small Business Sentiment 0.84 -4.92 18.55 -21.17 [+]
Internet Speed 11063.10 10098.33 11063.10 1922.87 KBps [+]
IP Addresses 9859878.00 9310525.00 13859005.00 5227461.00 IP [+]
Industrial Sentiment 50.90 51.60 57.20 50.90 Index Points [+]
Private Investment -0.50 -1.30 15.70 -8.60 percent [+]
Mining Production 6.50 3.80 25.20 -16.90 percent [+]
Steel Production 428.70 475.78 819.00 238.00 Thousand Tonnes [+]
Services Sentiment 49.10 52.30 58.40 48.70 Index Points [+]
Corruption Index 77.00 77.00 88.60 77.00 Points [+]
Corruption Rank 13.00 13.00 13.00 7.00 [+]
Competitiveness Index 78.85 78.17 78.85 5.08 Points [+]
Competitiveness Rank 14.00 15.00 22.00 14.00 [+]
Composite Pmi 49.30 52.10 58.30 49.10 Index Points [+]
Business Inventories -0.90 0.80 2.80 -2.80 percent [+]
Ease of Doing Business 18.00 14.00 18.00 9.00 [+]


Australia Manufacturing PMI

AIG Manufacturing PMI Index measures the performance of the manufacturing sector and is derived from a survey of 200 industrial companies. It is composite index based on the diffusion indices for production, new orders, deliveries, inventories and employment with varying weights. 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. This page provides the latest reported value for - Australia Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
53.10 51.30 62.50 29.47 1992 - 2019 Monthly
SA




Country Last Previous
Australia 53.10 Aug/19
Brazil 52.50 Aug/19
Canada 49.10 Aug/19
China 50.40 Aug/19
Euro Area 47.00 Aug/19
France 51.10 Aug/19
Germany 43.50 Aug/19
India 51.40 Aug/19
Indonesia 49.00 Aug/19
Italy 48.70 Aug/19
Japan 49.30 Aug/19
Mexico 49.00 Aug/19
Netherlands 51.60 Aug/19
Russia 49.10 Aug/19
Saudi Arabia 57.00 Aug/19
Singapore 49.90 Aug/19
South Africa 45.70 Aug/19
South Korea 49.00 Aug/19
Spain 48.80 Aug/19
Switzerland 47.20 Aug/19
Turkey 48.00 Aug/19
United Kingdom 47.40 Aug/19
United States 50.30 Aug/19


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