The Ai Group Australian Performance of Manufacturing Index increased to 61.7 in April of 2021 from 59.9 in the previous month, rising for the second consecutive month to its highest since March of 2018. All seven activity indicators expanded in April, with capacity utilisation reaching a record high, suggesting employment or investment may need to step up to promote further growth in the future. source: Australian Industry Group
Manufacturing PMI in Australia averaged 50.82 points from 1992 until 2021, reaching an all time high of 62.50 points in March of 2018 and a record low of 29.47 points in February of 2009. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Manufacturing PMI in Australia is expected to be 56.50 points 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 54.00 in 12 months time. In the long-term, the Australia Manufacturing PMI is projected to trend around 53.00 points in 2022, according to our econometric models.