The Commonwealth Bank of Australia Composite PMI fell to 49.5 in August 2019 from 52.1 in the previous month, a preliminary estimate showed. The latest reading signalled the first contraction in private sector activity since March and only the third since the survey began in May 2016. The downturn was led by services (PMI at 49.2 from 52.3 in July) while manufacturing continued to rise slightly (PMI 51.3 from 51.6). Composite Pmi in Australia is reported by Markit Economics.

Composite Pmi in Australia is expected to be 52.70 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 55.00 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 4.00 2.00 21.00 -30.00 Index Points [+]
Services PMI 43.90 52.20 63.00 32.50 Index Points [+]
Manufacturing PMI 51.30 49.40 62.50 29.47 [+]
Industrial Production 1.20 3.00 12.60 -7.60 percent [+]
Industrial Production Mom 0.50 0.30 5.20 -7.10 percent [+]
Manufacturing Production -1.30 -0.50 8.60 -11.80 percent [+]
Capacity Utilization 80.89 82.06 84.62 78.24 percent [+]
New Orders 36.00 22.00 49.00 -37.00 Index Points [+]
Changes in Inventories 460.00 1048.00 4159.00 -3848.00 AUD Million [+]
Bankruptcies 708.00 772.00 1123.00 217.00 Companies [+]
Corporate Profits 93026.00 91428.00 93026.00 12032.00 AUD Million [+]
Total Vehicle Sales 117817.00 92561.00 130300.00 48099.00 [+]
Car Registrations 14330.43 14078.57 14330.43 3990.94 Thousand [+]
Leading Economic Index 0.10 -0.07 0.54 -1.10 percent [+]
Small Business Sentiment 0.84 -4.92 18.55 -21.17 [+]
Internet Speed 11063.10 10098.33 11063.10 1922.87 KBps [+]
IP Addresses 9859878.00 9310525.00 13859005.00 5227461.00 IP [+]
Industrial Sentiment 51.60 51.60 57.20 50.90 Index Points [+]
Private Investment -1.70 1.30 15.60 -8.60 percent [+]
Mining Production 3.20 6.80 25.20 -16.90 percent [+]
Steel Production 475.78 493.54 819.00 238.00 Thousand Tonnes [+]
Services Sentiment 49.20 52.30 58.40 48.70 Index Points [+]
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 49.50 52.10 58.30 49.10 Index Points [+]
Business Inventories 0.70 0.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.50 52.10 58.30 49.10 2016 - 2019 Index Points Monthly
SA




Country Last Previous
Australia 49.50 Aug/19
Brazil 51.60 Jul/19
China 50.90 Jul/19
Euro Area 51.80 Aug/19
France 52.70 Aug/19
Germany 51.40 Aug/19
India 53.90 Jul/19
Italy 51.00 Jul/19
Japan 51.70 Aug/19
Russia 50.20 Jul/19
Singapore 51.00 Jul/19
South Africa 48.40 Jul/19
United Kingdom 50.70 Jul/19
United States 50.90 Aug/19


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