The Ai Group Australian Performance of Manufacturing Index fell to an eleven-month low of 51.6 in August 2021 from 60.8 a month earlier. The reading pointed to the slowest growth in factory activity since a contraction in September last year, due to extended lockdowns in Sydney and other large local areas to curb a recent spike in Covid-19 infections. Declines were seen in all subindexes: production (-11.6 to 50.2), employment (-9.4 to 51.4), new orders (-5.4 to 57.1), sales (-11.8 to 49.9), input prices (-3.3 to 81.3) and selling prices (-3 to 61.7). Of the six manufacturing sectors only food and beverages expanded at a faster pace in August. Chemicals and TCF, paper & printing also expanded, albeit at a slower rate. Machinery & equipment manufacturing stalled while metal products and building materials manufacturing contracted due to restricted manufacturing and construction activity in NSW and Victoria. source: Australian Industry Group

Manufacturing PMI in Australia averaged 50.94 points from 1992 until 2021, reaching an all time high of 63.20 points in June of 2021 and a record low of 29.47 points in February of 2009. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Manufacturing PMI in Australia is expected to be 55.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Manufacturing PMI is projected to trend around 53.00 points in 2022, according to our econometric models.

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Australia Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
51.60 60.80 63.20 29.47 1992 - 2021 points Monthly
SA


News Stream
Australia Manufacturing PMI Lowest in 11 Months: Ai Group
The Ai Group Australian Performance of Manufacturing Index fell to an eleven-month low of 51.6 in August 2021 from 60.8 a month earlier. The reading pointed to the slowest growth in factory activity since a contraction in September last year, due to extended lockdowns in Sydney and other large local areas to curb a recent spike in Covid-19 infections. Declines were seen in all subindexes: production (-11.6 to 50.2), employment (-9.4 to 51.4), new orders (-5.4 to 57.1), sales (-11.8 to 49.9), input prices (-3.3 to 81.3) and selling prices (-3 to 61.7). Of the six manufacturing sectors only food and beverages expanded at a faster pace in August. Chemicals and TCF, paper & printing also expanded, albeit at a slower rate. Machinery & equipment manufacturing stalled while metal products and building materials manufacturing contracted due to restricted manufacturing and construction activity in NSW and Victoria.
2021-08-31
Australia Manufacturing PMI Lowest in 4 Months: Ai Group
The Ai Group Australian Performance of Manufacturing Index fell to a four-month low of 60.8 in July 2021 from 63.2 a month earlier, amid lockdowns in Sydney and other large local areas, with both new orders (62.5 vs 70.6 in June) and export sales (53.6 vs 60.2) growing much softer. Also, expansions in finished stocks moderated (55.1 vs 49.9). At the same time, the input price index hit a record high (84.6 vs 78.8); the selling prices index rose to the second-highest on record (64.7 vs 63.6); and the average wages index increased to its highest monthly result for this index since 2008, due to a 2.5% increase to the minimum wage starting from July (69.1 vs 61.6). In addition, capacity utilization dropped by 3.3 points to 79.0. Meanwhile, both output (61.8 vs 60.7) and employment (60.8 vs 60.3) grew faster.
2021-08-02
Australia Manufacturing PMI Hits Record High in June
The Ai Group Australian Performance of Manufacturing Index increased to 63.2 in June of 2021 from 61.8 in the previous month, rising for the fifth consecutive month to a record level.
2021-06-30
Australia Manufacturing PMI Hits Highest Level Since 2018
The Ai Group Australian Performance of Manufacturing Index increased to 61.8 in May of 2021 from 61.7 in the previous month, rising for the fourth consecutive month to its highest since March of 2018, fuelled by robust demand from the construction sector, a pick-up in business investment and healthy demand from households.
2021-05-31

Australia Manufacturing PMI
Ai Group 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.