The Australian Industry Group Australian Performance of Manufacturing Index fell to 58.3 in October of 2018 from 59 in the previous month. New orders (-3.8 to 58.8); employment (-5.4 to 52.6); and average wages (-2.3 to 67) declined. On the other hand, faster increases were seen in production (+2.9 to 61.6); inventories (+2.3 to 56); sales (+2.3 to 59.9); supplier deliveries (+3.7 to 60.9) and capacity utilization (+1.5% to 80.4%). On the price front, input price inflation eased (-5.6 to 72.8) while selling prices accelerated (+0.9 to 57.1). Growth was driven by food & beverages and wood and paper sectors. Manufacturing PMI in Australia averaged 50.61 from 2001 until 2018, reaching an all time high of 63.10 in March of 2018 and a record low of 30.86 in February of 2009.

Manufacturing PMI in Australia is expected to be 57.10 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 58.35 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 4.00 6.00 21.00 -30.00 Index Points [+]
Services PMI 51.10 52.50 63.00 39.00 Index Points [+]
Manufacturing PMI 58.30 59.00 63.10 30.86 [+]
Industrial Production 3.50 4.70 12.00 -7.70 percent [+]
Industrial Production Mom 0.20 2.50 5.10 -6.90 percent [+]
Manufacturing Production 1.90 6.10 8.60 -11.80 percent [+]
Capacity Utilization 81.84 82.10 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 635.00 783.00 1123.00 217.00 Companies [+]
Corporate Profits 88467.00 86762.00 88467.00 12032.00 AUD Million [+]
Total Vehicle Sales 90718.00 94711.00 130300.00 48099.00 [+]
Car Registrations 14078.61 13815.11 14078.61 3990.94 Thousand [+]
Leading Economic Index -0.07 0.04 0.54 -1.10 percent [+]
Small Business Sentiment -4.01 1.54 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 4.50 4.70 25.60 -16.90 percent [+]
Steel Production 433.73 520.00 819.00 238.00 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 78.85 78.17 78.85 5.08 Points [+]
Competitiveness Rank 14.00 15.00 22.00 14.00 [+]
Composite Pmi 52.00 52.50 58.30 52.00 Index Points [+]
Business Inventories 0.60 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
58.30 59.00 63.10 30.86 2001 - 2018 Monthly
SA




Country Last
Australia 58.30 Oct/18
Brazil 51.10 Oct/18
Canada 53.90 Oct/18
China 50.10 Oct/18
Euro Area 52.00 Oct/18
France 51.20 Oct/18
Germany 52.20 Oct/18
India 53.10 Oct/18
Indonesia 50.50 Oct/18
Italy 49.20 Oct/18
Japan 52.90 Oct/18
Mexico 50.70 Oct/18
Netherlands 57.10 Oct/18
Russia 51.30 Oct/18
Saudi Arabia 53.80 Oct/18
Singapore 51.90 Oct/18
South Africa 42.40 Oct/18
South Korea 51.00 Oct/18
Spain 51.80 Oct/18
Switzerland 57.40 Oct/18
Turkey 44.30 Oct/18
United Kingdom 51.10 Oct/18
United States 55.70 Oct/18


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