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.