Australia Performance Services Index  2009-2017 | Data | Chart | Calendar

The Australian Performance of Services Index fell to 53 in August of 2017 from 56.4 in July, pointing to a sixth straight month of expansion in the services sector but the lowest since May this year as three of the five activity sub-indexes moderated: sales (53.5 from 60.3 in July), new orders (54.2 from 55.2) and employment (52.5 from 56.9). In contrast, inventories rose at a faster pace (54.9 from 50.8). August's survey results were mainly attributed to positive demand for B2B services from construction and mining, offset by sinking optimism in retail and hospitality. Services PMI in Australia averaged 48.63 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 5.00 12.00 20.00 -30.00 [+]
Services PMI 53.00 56.40 57.70 39.00 Index Points [+]
Manufacturing PMI 59.80 56.00 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 81.57 81.93 84.67 78.24 percent [+]
New Orders 38.00 39.00 47.00 -37.00 [+]
Changes in Inventories -419.00 1928.00 4095.00 -3956.00 AUD Million [+]
Bankruptcies 719.00 816.00 1123.00 217.00 Companies [+]
Corporate Profits 78688.00 82421.00 82421.00 12032.00 AUD Million [+]
Total Vehicle Sales 99564.00 99527.00 101977.00 48099.00 [+]
Car Production 12220.00 11193.00 39306.00 6139.00 Units [+]
Car Registrations 13815.11 13549.45 13815.11 3990.94 Thousand [+]
Leading Economic Index -0.10 0.12 0.54 -1.07 percent [+]
Small Business Sentiment -2.81 9.06 18.71 -21.10 [+]
Steel Production 458.89 448.77 819.00 238.00 Thousand Tonnes [+]
Private Investment 0.80 0.90 15.60 -8.10 percent [+]
Mining Production 2.90 1.40 25.40 -16.80 percent [+]
Competitiveness Index 5.19 5.15 5.20 5.08 Points [+]
Competitiveness Rank 22.00 21.00 22.00 15.00 [+]
Business Inventories -0.40 1.10 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 15.00 13.00 15.00 9.00 [+]


Australia Performance Services Index Notes

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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
53.00 56.40 57.70 39.00 2009 - 2017 Index Points Monthly
SA



services pmi by Country

Last
Australia 53.00 Aug/17
Brazil 49.00 Aug/17
China 52.70 Aug/17
Euro Area 54.70 Aug/17
France 54.90 Aug/17
Germany 53.50 Aug/17
India 47.50 Aug/17
Italy 55.10 Aug/17
Japan 51.60 Aug/17
Russia 54.20 Aug/17
Spain 56.00 Aug/17
United Kingdom 53.20 Aug/17
United States 56.00 Aug/17