Australia Manufacturing PMI - Forecast

Manufacturing PMI in Australia is expected to be 53.00 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 53.10 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Business Confidence 6 6 9 10 7 6
Services PMI 52 53 52.8 52 51.9 52.2
Manufacturing PMI 56.2 53 53.4 53 53.1 52
Industrial Production 0.7 3.03 3.14 2.94 2.63 2.32
Industrial Production Mom 0.8 0.49 0.51 0.55 0.55 0.55
Manufacturing Production -0.4 0.2 -0.5 -0.6 0.5 1
Capacity Utilization 81.66 81.52 81.46 81.41 81.36 81.15
New Orders 33 24.21 20.85 18.6 17.77 15.17
Changes in Inventories 506 451 445 473 475 481
Bankruptcies 669 654 652 652 653 655
Corporate Profits 79233 78508 78358 78253 68900 59900
Total Vehicle Sales 103743 101154 101131 100973 99100 101000
Car Production 1 6963 9088 11101 10700 12700
Car Registrations 14079 14186 14250 14313 14370 14758
Leading Economic Index 0.1 0.1 0.1 0.2 0.1 0.1
Small Business Sentiment 7.65 3.06 2.15 0.22 0.17 1.77
Internet Speed 11063 12490 12505 12519 12493 11755
IP Addresses 9859878 9311370 9192759 9065898 8988780 8784847
Private Investment 1 1.3 1.34 1.36 1.38 1.42
Mining Production 2.9 1.2 1.1 0.9 1.2 4
Steel Production 482 505 516 525 533 561
Competitiveness Index 5.19 5.21 5.21 5.21 5.21 5.25
Competitiveness Rank 21 23 23 21.82 23 25
Business Inventories 0.2 0.4 0.5 0.5 0.49 0.4
Corruption Index 79 80 80 80 80 83
Corruption Rank 13 12 12 12 12 8
Ease of Doing Business 14 16 16 16 16 17