The AIG Australian Performance of Manufacturing Index jumped to 54.8 in April of 2019 from 51 in March. The reading pointed to the fastest expansion in factory activity in seven months, as output (+5.3 points to 58.1); new orders (+5.6 points to 55.6); exports (+3.2 points to 53.9); and capacity utilisation (+2.8 points to 83) rose. Additionally, both sales (+7.5 points to 53.9) and supplier deliveries (+11.5 points to 57.2) returned to expansion territory. Meanwhile, the job creation rate declined 5.1 points to 51.5 and the average wage index slowed to its softest rate since October 2017. On the price front, input prices eased while output cost rose. Manufacturing PMI in Australia averaged 50.59 from 2001 until 2019, reaching an all time high of 62.50 in March of 2018 and a record low of 29.47 in February of 2009.

Manufacturing PMI in Australia is expected to be 52.00 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 53.60 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 Previous Highest Lowest Unit
Business Confidence 0.00 -0.10 21.00 -30.00 Index Points [+]
Manufacturing PMI 54.80 51.00 62.50 29.47 [+]
Services PMI 46.50 44.80 63.00 32.50 Index Points [+]
Industrial Production 2.80 3.00 12.60 -7.60 percent [+]
Industrial Production Mom -0.70 1.70 10.10 -10.90 percent [+]
Manufacturing Production -0.90 -0.60 8.60 -11.80 percent [+]
Capacity Utilization 81.12 80.97 84.62 78.24 percent [+]
New Orders 22.00 34.00 49.00 -37.00 Index Points [+]
Changes in Inventories 685.00 -9.00 4159.00 -3848.00 AUD Million [+]
Bankruptcies 718.00 629.00 1123.00 217.00 Companies [+]
Corporate Profits 90060.00 89305.00 90060.00 12032.00 AUD Million [+]
Total Vehicle Sales 75550.00 99442.00 130300.00 48099.00 [+]
Car Registrations 14330.43 14078.57 14330.43 3990.94 Thousand [+]
Leading Economic Index -0.09 0.28 0.54 -1.10 percent [+]
Small Business Sentiment -4.92 -1.60 18.55 -21.17 [+]
Internet Speed 11063.10 10098.33 11063.10 1922.87 KBps [+]
IP Addresses 9859878.00 9310525.00 13859005.00 5227461.00 IP [+]
Private Investment 2.00 0.00 15.60 -8.60 percent [+]
Mining Production 6.50 6.20 25.20 -16.90 percent [+]
Steel Production 424.24 385.17 819.00 238.00 Thousand Tonnes [+]
Corruption Index 77.00 77.00 88.60 77.00 Points [+]
Corruption Rank 13.00 13.00 13.00 7.00 [+]
Competitiveness Index 78.85 78.17 78.85 5.08 Points [+]
Competitiveness Rank 14.00 15.00 22.00 14.00 [+]
Composite Pmi 52.20 50.00 58.30 49.10 Index Points [+]
Business Inventories -0.20 -0.10 2.80 -2.80 percent [+]
Ease of Doing Business 18.00 14.00 18.00 9.00 [+]


Australia Manufacturing PMI

AIG Manufacturing PMI Index measures the performance of the manufacturing sector and is derived from a survey of 200 industrial companies. It is composite index based on the diffusion indices for production, new orders, deliveries, inventories and employment with varying weights. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Australia Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.80 51.00 62.50 29.47 2001 - 2019 Monthly
SA




Country Last Previous
Australia 54.80 Apr/19
Brazil 51.50 Apr/19
Canada 49.70 Apr/19
China 50.20 Apr/19
Euro Area 47.90 Apr/19
France 50.00 Apr/19
Germany 44.40 Apr/19
India 51.80 Apr/19
Indonesia 50.40 Apr/19
Italy 49.10 Apr/19
Japan 49.60 May/19
Mexico 50.10 Apr/19
Netherlands 52.00 Apr/19
Russia 51.80 Apr/19
Saudi Arabia 56.80 Apr/19
Singapore 50.30 Apr/19
South Africa 47.20 Apr/19
South Korea 50.20 Apr/19
Spain 51.80 Apr/19
Switzerland 48.50 Apr/19
Turkey 46.80 Apr/19
United Kingdom 53.10 Apr/19
United States 52.60 Apr/19


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