The AIG Australian Performance of Manufacturing Index declined 2.6 points from the previous month to 46.7 in September of 2020, contracting for the second consecutive month as renewed coronavirus-induced restrictions in Victoria resulted in a slowdown of orders and lack of new enquiries for manufacturers. source: Australian Industry Group

Manufacturing PMI in Australia averaged 50.65 points from 1992 until 2020, 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 October of 2020.

Manufacturing PMI in Australia is expected to be 49.00 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 52.30 in 12 months time. In the long-term, the Australia Manufacturing PMI is projected to trend around 52.50 points in 2021 and 53.00 points in 2022, according to our econometric models.

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Australia Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
46.70 49.30 62.50 29.47 1992 - 2020 points Monthly
SA


News Stream
Australia Factory Activity Shrinks for 2nd Month
The AIG Australian Performance of Manufacturing Index declined 2.6 points from the previous month to 46.7 in September of 2020, contracting for the second consecutive month as renewed coronavirus-induced restrictions in Victoria resulted in a slowdown of orders and lack of new enquiries for manufacturers.
2020-10-01
Australia AIG Manufacturing PMI Returns to Contraction
The AIG Australian Performance of Manufacturing Index declined 4.2 points from the previous month to 49.3 in August of 2020, falling back into contraction territory after expanding for two months amid a new wave of coronavirus infections. Production, employment and new orders dropped while export sales rose. On the price front, input price inflation slowed and output charges continued to drop. Looking ahead, sentiment deteriorated as the economy entered its first recession since the early 1990s.
2020-08-31
Australia Manufacturing Growth Strongest in 4 Months
The AIG Australian Performance of Manufacturing Index went up 2 points from the previous month to 53.5 in July of 2020, the highest since March. Manufacturing employment, production and new orders were all higher than in June although the pace of improvement in new orders slowed over the month. On the price front, input cost increased in July while selling prices remained unchanged.
2020-08-02
Australia Manufacturing Sector Returns to Expansion
The Ai Group Australian Performance of Manufacturing Index jumped to 51.5 in June of 2020 from 41.6 in the previous month. The latest reading pointed to the first expansion in factory activity in eight months amid the easing of coronavirus lockdown restrictions. Production and new orders returned to growth and the job shedding rate eased. In addition, export sales fell at a softer pace amid an improvement in demand. On the price front, input cost inflation slowed while output charges dropped at a weaker rate.
2020-06-30

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.