Australia Performance Services Index  2009-2018 | Data | Chart | Calendar

The Australian Performance of Services Index climbed to 52.0 in December of 2017 from 51.7 in the previous month, pointing to the tenth straight month of expansion in the services sector. Three of the five activity sub-indexes were above 50 points, indicating growth in December (seasonally adjusted), with one sub-index (inventories) roughly stable and one (sales) declining. Of the three expanding sub-indexes, new orders lost 1.9 points to 51.0; employment gained 0.6 points to 52.7; and supplier deliveries soared 6.6 points to 58.5. Respondents to the survey in the business-oriented sub-sectors noted continuing demand from their construction and mining customers, but limited pricing flexibility due to strong competition. Services PMI in Australia averaged 48.72 Index Points from 2009 until 2017, reaching an all time high of 57.70 Index Points in December of 2016 and a record low of 39 Index Points in August of 2013.

Australia Performance Services Index
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Australia Business Last Previous Highest Lowest Unit
Business Confidence 6.00 9.00 21.00 -30.00 Index Points [+]
Services PMI 52.00 51.70 57.70 39.00 Index Points [+]
Manufacturing PMI 56.20 57.30 62.13 30.86 [+]
Industrial Production 0.70 -0.50 12.40 -7.80 percent [+]
Industrial Production Mom 0.80 0.30 5.10 -7.00 percent [+]
Manufacturing Production -0.40 -2.00 8.70 -11.80 percent [+]
Capacity Utilization 81.66 81.73 84.67 78.24 percent [+]
New Orders 33.00 38.00 47.00 -37.00 Index Points [+]
Changes in Inventories 506.00 -273.00 4102.00 -3759.00 AUD Million [+]
Bankruptcies 669.00 606.00 1123.00 217.00 Companies [+]
Corporate Profits 79233.00 79405.00 82147.00 12032.00 AUD Million [+]
Total Vehicle Sales 103743.00 99256.00 103743.00 48099.00 [+]
Car Production 1.00 1825.00 39306.00 1.00 Units [+]
Car Registrations 14078.61 13815.11 14078.61 3990.94 Thousand [+]
Leading Economic Index 0.10 0.15 0.54 -1.08 percent [+]
Small Business Sentiment 7.65 -2.81 18.71 -21.10 [+]
Internet Speed 11063.10 10098.33 11063.10 1922.87 KBps [+]
IP Addresses 9859878.00 9310525.00 13859005.00 5227461.00 IP [+]
Private Investment 1.00 1.10 15.60 -8.10 percent [+]
Mining Production 2.90 1.40 25.40 -16.80 percent [+]
Steel Production 482.36 440.00 819.00 238.00 Thousand Tonnes [+]
Competitiveness Index 5.19 5.19 5.20 5.08 Points [+]
Competitiveness Rank 21.00 22.00 22.00 15.00 [+]
Business Inventories 0.20 -0.50 2.80 -2.80 percent [+]
Corruption Index 79.00 79.00 88.60 79.00 Points [+]
Corruption Rank 13.00 13.00 13.00 7.00 [+]
Ease of Doing Business 14.00 15.00 15.00 9.00 [+]


Australia Performance Services Index

The Australian Industry Group Australian Performance of Services Index (Australian PSI®) is a leading indicator of services activity in the Australian economy. The Australian PSI is a seasonally adjusted national composite index based on the diffusion indices for sales, orders/new business, deliveries, inventories and employment with varying weights. An Australian PSI® reading above 50 points indicates that services activity is generally expanding; below 50, that it is declining. The distance from 50 is indicative of the strength of the expansion or decline. Results are based on a sample of around 200 companies each month. This page provides the latest reported value for - Australia Performance Services Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Performance Services Index - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
52.00 51.70 57.70 39.00 2009 - 2017 Index Points Monthly
SA




services pmi by Country
Country Last
Australia 52.00 Dec/17
Brazil 47.40 Dec/17
China 53.90 Dec/17
Euro Area 56.60 Dec/17
France 59.10 Dec/17
Germany 55.80 Dec/17
India 50.90 Dec/17
Italy 55.40 Dec/17
Japan 51.10 Dec/17
Russia 56.80 Dec/17
Spain 54.60 Dec/17
United Kingdom 54.20 Dec/17
United States 53.70 Dec/17


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