Australia Manufacturing Production - Forecast

Manufacturing Production in Australia is expected to be -0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Australia to stand at 2.58 in 12 months time. In the long-term, the Australia Manufacturing Production is projected to trend around 1.00 percent in 2020, according to our econometric models.


Forecast Data Chart
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Australia Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 4 11 10 9 6.06 6
Services PMI 52.2 53.8 55 53.5 54.74 52.2
Manufacturing PMI 56.7 56.4 57.1 56.2 55.8 52
Industrial Production 4.4 2.41 2.47 1.29 2.23 2.63
Industrial Production Mom 2.2 0.52 0.15 0.1 0.59 0.48
Manufacturing Production 6.5 -0.6 0.5 1.25 2.58 1
Capacity Utilization 82.27 82.21 82.23 82.22 82.22 82.22
New Orders 31 47.51 38.51 45.01 43.89 42.7
Changes in Inventories 1160 797 662 591 559 466
Bankruptcies 764 660 660 659 658 658
Corporate Profits 88467 88769 68900 87184 87048 59900
Total Vehicle Sales 85551 112960 99100 103819 102978 101000
Car Registrations 14079 14200 14200 14260 14260 14350
Leading Economic Index 0.1 0.2 0.1 0 -0.2 0.1
Small Business Sentiment 1.54 -4.81 2.15 -2.76 3.48 0.37
Internet Speed 11063 13737 14067 14383 14695 16567
IP Addresses 9859878 9945263 9942116 9949235 9951342 9953818
Private Investment -2.5 0.74 0.34 0.7 0.68 1.23
Mining Production 4.4 0.9 1.2 3.56 4.38 4
Steel Production 516 512 516 516 516 516
Corruption Index 77 77 76 76 76 74
Corruption Rank 13 11 11 11 10 8
Competitiveness Index 5.19 5.21 5.21 5.19 5.19 5.25
Competitiveness Rank 21 22 23 20 19 25
Composite Pmi 52 55.1 53.9 53.5 53.8 56.5
Business Inventories 0.6 0.5 0.3 0.6 0.2 0.4
Ease of Doing Business 14 16 16 12 11 17