Industrial Production in Australia increased 1.20 percent in June of 2019 over the previous month. Industrial Production Mom in Australia averaged 0.56 percent from 1974 until 2019, reaching an all time high of 5.20 percent in the fourth quarter of 1987 and a record low of -7.10 percent in the first quarter of 1975. source: Australian Bureau of Statistics
Industrial Production Mom in Australia is expected to be 0.59 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Australia to stand at 0.40 in 12 months time. In the long-term, the Australia Industrial Production QoQ is projected to trend around 0.49 percent in 2020, according to our econometric models.