The Ai Group Australian Performance of Manufacturing Index rose by 3.2 points to 55.3 in the December 2020-January 2021 period. Production, employment and exports all expanded further while domestic sales were down. The latest reading heightened the effectiveness of fiscal and monetary policy measures to support economic recovery. source: Australian Industry Group

Manufacturing PMI in Australia averaged 50.71 points from 1992 until 2021, reaching an all time high of 62.50 points in March of 2018 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 February of 2021.

Manufacturing PMI in Australia is expected to be 53.00 points 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 52.50 in 12 months time. 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
55.30 55.30 62.50 29.47 1992 - 2021 points Monthly
SA


News Stream
Australia Manufacturing Sector Improves
The Ai Group Australian Performance of Manufacturing Index rose by 3.2 points to 55.3 over the summer holiday period (December 2020 and January 2021). Production, employment and exports all expanded further while domestic sales were down. The latest reading heightened the effectiveness of fiscal and monetary policy measures to support economic recovery.
2021-02-01
Australia Manufacturing PMI Loses Steam
The Ai Group Australian Performance of Manufacturing Index declined to 52.1 points in November of 2020 from 56.3 in the previous month, as optimism amid the economic recovery moderated. The latest reading still pointed to the second expansion in factory activity since July as production, employment, sales and exports remained in growth territory. Innes Willox, Chief Executive of Ai Group underscored today that even with the addition of 178,800 jobs in October, there were still close to 265,000 more people unemployed at the end of October compared to February, adding that both the Prime Minister and the Treasurer have indicated their willingness to consider further fiscal stimulus if the recovery begins to falter.
2020-11-30
Australia Manufacturing Sector Returns to Expansion
The Ai Group Australian Performance of Manufacturing Index jumped to 56.3 in October of 2020 from 46.7 in the previous month. The latest reading pointed to the first expansion in factory activity since July as production, employment, sales and exports all moved into growth territory. The strong national performance was driven by large improvements in New South Wales and Victoria.
2020-11-02
Australia Factory Activity Shrinks for 2nd Month
The AIG Australian Performance of Manufacturing Index declined 2.6 points from the previous month to 46.7 in September of 2020, contracting for the second consecutive month as renewed coronavirus-induced restrictions in Victoria resulted in a slowdown of orders and lack of new enquiries for manufacturers.
2020-10-01

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.