The Ai Group Australian Performance of Manufacturing Index increased to 61.7 in April of 2021 from 59.9 in the previous month, rising for the second consecutive month to its highest since March of 2018. All seven activity indicators expanded in April, with capacity utilisation reaching a record high, suggesting employment or investment may need to step up to promote further growth in the future. source: Australian Industry Group

Manufacturing PMI in Australia averaged 50.82 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 May of 2021.

Manufacturing PMI in Australia is expected to be 61.00 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 56.00 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
61.70 59.90 62.50 29.47 1992 - 2021 points Monthly
SA


News Stream
Australia Manufacturing PMI Hits Highest Level Since 2018
The Ai Group Australian Performance of Manufacturing Index increased to 61.7 in April of 2021 from 59.9 in the previous month, rising for the second consecutive month to its highest since March of 2018. All seven activity indicators expanded in April, with capacity utilisation reaching a record high, suggesting employment or investment may need to step up to promote further growth in the future.
2021-05-02
Australia Manufacturing PMI Rises Further
The Ai Group Australian Performance of Manufacturing Index increased to 59.9 in March of 2021 from 58.8 in the previous month, rising for the sixth consecutive month. It was the highest reading since March of 2018. All seven indices expanded in March (see table below), with the new orders index (up 3.6 points to 63.5). Meanwhile, all six manufacturing sectors reported positive trading conditions (see table below), with especially buoyant conditions in the machinery & equipment (up 0.6 points to 65.0) and textiles, clothing, footwear, paper & printing products (up 3.5 points to 66.1) sectors.
2021-03-31
Australia Factory Activity Expands at Fastest Pace Since 2018
The Ai Group Australian Performance of Manufacturing Index jumped to 58.8 in February of 2021 from 55.3 in the previous month. It was the highest reading since March of 2018, highlighting the effectiveness of fiscal and monetary policy measures to support economic recovery.
2021-02-28
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
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.