New Orders in Australia decreased to 7 points in the second quarter of 2020 from 23 points in the first quarter of 2020.
New Orders in Australia averaged 16.67 points from 1998 until 2020, reaching an all time high of 49 points in the second quarter of 2018 and a record low of -37 points in the fourth quarter of 2008. This page provides - Australia New Orders - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Expected New Orders - Next 3 Months - values, historical data and charts - was last updated on August of 2020. source: Australia Chamber of Commerce and Industry
New Orders in Australia is expected to be 35.44 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate New Orders in Australia to stand at 35.01 in 12 months time. In the long-term, the Australia Expected New Orders - Next 3 Months is projected to trend around 34.82 points in 2021 and 34.61 points in 2022, according to our econometric models.