The AIG Australian Performance of Manufacturing Index fell 1.8 points from a month earlier to 49.5 in December 2018, signalling the first mild contraction in manufacturing conditions in 26 months. Six of the seven activity indexes fell in December indicating generally weaker conditions: production (down 2.4 points to 49.4); employment (down 1.5 points to 47.9); supplier deliveries (down 6 points to 48.4); finished stocks (down 1.5 points to 55.9); exports (down 3.7 points to 47.1); and sales (down 2.3 points to 50.3). Meanwhile, the new orders index rose 0.3 points to 49.0. Manufacturing PMI in Australia averaged 50.61 from 2001 until 2018, reaching an all time high of 63.10 in March of 2018 and a record low of 30.86 in February of 2009.

Manufacturing PMI in Australia is expected to be 56.20 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 53.20 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 3.00 5.00 21.00 -30.00 Index Points [+]
Services PMI 52.10 55.10 63.00 39.00 Index Points [+]
Manufacturing PMI 49.50 51.30 63.10 30.86 [+]
Industrial Production 2.80 4.30 12.60 -7.60 percent [+]
Industrial Production Mom -0.80 0.70 5.10 -7.00 percent [+]
Manufacturing Production -0.70 2.10 8.60 -11.80 percent [+]
Capacity Utilization 82.15 81.84 84.67 78.24 percent [+]
New Orders 34.00 31.00 49.00 -37.00 Index Points [+]
Changes in Inventories 47.00 1223.00 4159.00 -3845.00 AUD Million [+]
Bankruptcies 705.00 742.00 1123.00 217.00 Companies [+]
Corporate Profits 90221.00 88576.00 90221.00 12032.00 AUD Million [+]
Total Vehicle Sales 93860.00 90718.00 130300.00 48099.00 [+]
Car Registrations 14078.61 13815.11 14078.61 3990.94 Thousand [+]
Leading Economic Index -0.22 -0.09 0.54 -1.10 percent [+]
Small Business Sentiment -4.01 1.54 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 -0.50 -0.90 15.60 -8.40 percent [+]
Mining Production 6.10 6.30 25.20 -16.90 percent [+]
Steel Production 420.47 440.55 819.00 238.00 Thousand Tonnes [+]
Corruption Index 77.00 79.00 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 52.40 52.90 58.30 52.00 Index Points [+]
Business Inventories 0.00 0.70 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.50 51.30 63.10 30.86 2001 - 2018 Monthly
SA




Country Last Previous
Australia 49.50 Dec/18
Brazil 52.60 Dec/18
Canada 53.60 Dec/18
China 49.70 Dec/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 53.20 Dec/18
Indonesia 51.20 Dec/18
Italy 49.20 Dec/18
Japan 50.00 Jan/19
Mexico 49.70 Dec/18
Netherlands 57.20 Dec/18
Russia 51.70 Dec/18
Saudi Arabia 54.50 Dec/18
Singapore 51.10 Dec/18
South Africa 50.70 Dec/18
South Korea 49.80 Dec/18
Spain 51.10 Dec/18
Switzerland 57.80 Dec/18
Turkey 44.20 Dec/18
United Kingdom 54.20 Dec/18
United States 53.80 Dec/18


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