Industrial Production in Australia increased 2.50 percent in the first quarter of 2020 over the same quarter in the previous year.
Industrial Production in Australia averaged 2.38 percent from 1975 until 2020, reaching an all time high of 12.70 percent in the fourth quarter of 1987 and a record low of -7.70 percent in the first quarter of 1983. This page provides the latest reported value for - Australia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Industrial Production - values, historical data and charts - was last updated on July of 2020. source: Australian Bureau of Statistics
Industrial Production in Australia is expected to be -9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Australia to stand at -1.30 in 12 months time. In the long-term, the Australia Industrial Production is projected to trend around 0.70 percent in 2021 and 1.50 percent in 2022, according to our econometric models.