Australia Manufacturing PMI  Forecast


Manufacturing PMI in Australia is expected to be 54.30 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 53.40 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 Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 5 7 8 6 9 6
Services PMI 53 53.2 52.5 53 52.8 52.2
Manufacturing PMI 59.8 54.3 54 53 53.4 52
Industrial Production 0.7 1.13 0.56 1.1 0.69 0.45
Industrial Production Mom 0.8 0.73 0.51 0.53 0.48 0.55
Manufacturing Production -0.4 -1.4 0.2 0.2 -0.5 1
Capacity Utilization 81.57 82.02 81.97 81.97 81.96 81.96
New Orders 38 49.82 35.6 48.35 37.81 37.61
Changes in Inventories -419 417 219 366 391 421
Bankruptcies 719 732 712 709 708 707
Corporate Profits 78688 77031 64900 73151 74042 59900
Total Vehicle Sales 99564 100048 100345 100486 100376 101000
Car Production 12220 12116 10700 11596 11637 12700
Car Registrations 13815 14002 14067 14130 14193 14821
Leading Economic Index -0.09 -0.3 0.2 0 0 0.1
Small Business Sentiment -2.81 -4.49 -1.2 -2.93 -0.19 -1.3
Steel Production 459 451 454 454 454 454
Private Investment 0.8 0.66 0.96 1.14 1.2 1.41
Mining Production 2.9 0.5 0.7 1.2 1.1 4
Competitiveness Index 5.19 5.19 5.19 5.21 5.21 5.25
Competitiveness Rank 22 22 22 23 23 25
Business Inventories -0.4 0.28 0.6 0.4 0.41 0.4
Corruption Index 79 79 79 79 79 79
Corruption Rank 13 12 12 12 11 8
Ease of Doing Business 15 14.02 14.41 14.41 14.41 13.34