Manufacturing Production in Australia increased 0.10 percent in December of 2019 over the same month in the previous year.
Manufacturing Production in Australia averaged 1.03 percent from 1978 until 2019, reaching an all time high of 8.60 percent in the first quarter of 1988 and a record low of -11.70 percent in the first quarter of 1983. This page provides the latest reported value for - Australia Manufacturing Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Manufacturing Production - values, historical data and charts - was last updated on May of 2020. source: Australian Bureau of Statistics
Manufacturing Production in Australia is expected to be -5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Australia to stand at -1.50 in 12 months time. In the long-term, the Australia Manufacturing Production is projected to trend around 0.80 percent in 2021 and 1.00 percent in 2022, according to our econometric models.