The Commonwealth Bank of Australia Composite PMI rose to 50.6 in April 2019 from 50 in the previous month, a preliminary estimate showed. The latest reading pointed to the first expansion in the private sector in three months, as the services activity returned to growth (PMI at 50.5 from 49.3 in March) while manufacturing increased at a softer pace (PMI at 51 from 52). New orders advanced slightly while the job creation rate declined for the first time in three years. On the price front, input price inflation went up at the slowest pace on record driven by lower staff costs and output price inflation eased to a ten-month low amid competitive pressures and fragile demand conditions. Finally, confidence was unchanged, remaining among the lowest seen in the survey history, as weaker demand and drought conditions led to pessimism. Composite Pmi in Australia is reported by Markit Economics.

Composite Pmi in Australia is expected to be 53.80 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in Australia to stand at 54.50 in 12 months time. In the long-term, the Australia Commonwealth Bank Composite PMI is projected to trend around 56.50 Index Points in 2020, according to our econometric models.

Australia Commonwealth Bank Composite PMI
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Australia Business Last Previous Highest Lowest Unit
Business Confidence 0.00 2.00 21.00 -30.00 Index Points [+]
Manufacturing PMI 51.00 54.00 62.50 29.47 [+]
Services PMI 44.80 44.50 63.00 32.50 Index Points [+]
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 80.97 80.87 84.62 78.24 percent [+]
New Orders 34.00 31.00 49.00 -37.00 Index Points [+]
Changes in Inventories 685.00 -9.00 4159.00 -3848.00 AUD Million [+]
Bankruptcies 629.00 470.00 1123.00 217.00 Companies [+]
Corporate Profits 90060.00 89305.00 90060.00 12032.00 AUD Million [+]
Total Vehicle Sales 87528.00 93860.00 130300.00 48099.00 [+]
Car Registrations 14078.61 13815.11 14078.61 3990.94 Thousand [+]
Leading Economic Index 0.20 0.00 0.54 -1.10 percent [+]
Small Business Sentiment -1.12 -4.01 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 2.00 0.00 15.60 -8.60 percent [+]
Mining Production 6.10 6.30 25.20 -16.90 percent [+]
Steel Production 385.17 467.88 819.00 238.00 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 50.60 49.50 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 Commonwealth Bank Composite PMI

In Australia, the Commonwealth Bank of Australia Composite PMI Output Index is a GDP-weighted average of the Commonwealth Bank Manufacturing Output Index and the Commonwealth Bank Services Business Activity Index. It tracks changes in business activity in the Australian private sector economy as a whole. A reading above 50 indicates expansion in business activity while below 50 points to contraction. . This page provides - Australia Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Commonwealth Bank Composite PMI - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.60 49.50 58.30 49.10 2016 - 2019 Index Points Monthly
SA




Country Last Previous
Australia 50.60 Apr/19
Brazil 53.10 Mar/19
China 52.90 Mar/19
Euro Area 51.30 Apr/19
France 50.00 Apr/19
Germany 52.10 Apr/19
India 52.70 Mar/19
Italy 51.50 Mar/19
Japan 50.40 Mar/19
Russia 54.60 Mar/19
Singapore 51.80 Mar/19
South Africa 48.80 Mar/19
United Kingdom 50.00 Mar/19
United States 52.80 Apr/19


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