The AIG Australian Performance of Manufacturing Index rose to 52.5 in January 2019 from an upwardly revised 50 in the previous month. The reading pointed to the strongest expansion in factory activity in three months, as production jumped 4.9 points to 54.0 and new orders advanced 2 points to 52.3. Also, employment increased by 2.8 points to 51.1 and capacity utilization went up by 5.2 points to 77.5. Meanwhile, finished stocks declined by 7.8 points to 47.7, falling into contraction territory. On the price front, input prices declined 2.9 points to 70.3 and selling prices increased 5.6 points to 50.2. Manufacturing PMI in Australia averaged 50.55 from 2001 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 56.20 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 53.20 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 3.00 21.00 -30.00 Index Points [+]
Manufacturing PMI 52.50 50.00 62.50 29.47 [+]
Services PMI 44.30 52.10 63.00 32.50 Index Points [+]
Industrial Production 2.80 4.30 12.60 -7.60 percent [+]
Industrial Production Mom -0.80 0.70 5.10 -7.00 percent [+]
Manufacturing Production -0.70 2.10 8.60 -11.80 percent [+]
Capacity Utilization 81.45 81.97 84.62 78.24 percent [+]
New Orders 34.00 31.00 49.00 -37.00 Index Points [+]
Changes in Inventories 47.00 1223.00 4159.00 -3845.00 AUD Million [+]
Bankruptcies 564.00 705.00 1123.00 217.00 Companies [+]
Corporate Profits 90221.00 88576.00 90221.00 12032.00 AUD Million [+]
Total Vehicle Sales 87528.00 93860.00 130300.00 48099.00 [+]
Car Registrations 14078.61 13815.11 14078.61 3990.94 Thousand [+]
Leading Economic Index -0.01 -0.25 0.54 -1.10 percent [+]
Small Business Sentiment -1.12 -4.01 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 -0.50 -0.90 15.60 -8.40 percent [+]
Mining Production 6.10 6.30 25.20 -16.90 percent [+]
Steel Production 449.34 420.47 819.00 238.00 Thousand Tonnes [+]
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 51.50 52.40 58.30 51.50 Index Points [+]
Business Inventories 0.00 0.70 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.50 50.00 62.50 29.47 2001 - 2019 Monthly
SA




Country Last Previous
Australia 52.50 Jan/19
Brazil 52.70 Jan/19
Canada 53.00 Jan/19
China 48.30 Jan/19
Euro Area 49.20 Feb/19
France 51.40 Feb/19
Germany 47.60 Feb/19
India 53.90 Jan/19
Indonesia 49.90 Jan/19
Italy 47.80 Jan/19
Japan 48.50 Feb/19
Mexico 50.90 Jan/19
Netherlands 55.10 Jan/19
Russia 50.90 Feb/19
Saudi Arabia 56.20 Jan/19
Singapore 50.70 Jan/19
South Africa 49.90 Jan/19
South Korea 48.30 Jan/19
Spain 52.40 Jan/19
Switzerland 54.30 Jan/19
Turkey 44.20 Jan/19
United Kingdom 52.80 Jan/19
United States 53.70 Feb/19


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