The IHS Markit Australia Manufacturing PMI was revised lower to 56.8 in September of 2021 from a preliminary of 57.3 and after 52 in August to signal a sixteenth consecutive month of expansion. The rate of growth accelerated to the fastest in two months and returned a level above the survey average. Demand and production expanded following declines, driving improvements in employment and purchasing activity. Suppliers’ delivery times however continued to worsen sharply, which alongside increased demand led to severe price pressures for the manufacturing sector. Overall sentiment nevertheless improved in the latest survey. source: Markit Economics

Industrial Sentiment in Australia averaged 53.87 points from 2016 until 2021, reaching an all time high of 60.40 points in May of 2021 and a record low of 44 points in May of 2020. This page provides - Australia Commonwealth Bank Manufacturing PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Markit Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Industrial Sentiment in Australia is expected to be 57.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Markit Manufacturing PMI is projected to trend around 54.50 points in 2022, according to our econometric models.

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Australia Markit Manufacturing PMI


Calendar GMT Actual Previous Consensus TEForecast
2021-08-22 11:00 PM Markit Manufacturing PMI Flash Aug 51.7 56.9 57
2021-08-31 11:00 PM Markit Manufacturing PMI Final Aug 52 56.9 51.7
2021-09-22 11:00 PM Markit Manufacturing PMI Flash Sep 57.3 52 51
2021-09-30 11:00 PM Markit Manufacturing PMI Final Sep 56.8 52 57.3
2021-10-21 10:00 PM Markit Manufacturing PMI Flash Oct 56.8 56
2021-10-31 10:00 PM Markit Manufacturing PMI Final Oct 56.8
2021-11-22 10:00 PM Markit Manufacturing PMI Flash Nov
2021-11-30 10:00 PM Markit Manufacturing PMI Final Nov


News Stream
Australia Markit Manufacturing PMI Revised Lower
The IHS Markit Australia Manufacturing PMI was revised lower to 56.8 in September of 2021 from a preliminary of 57.3 and after 52 in August to signal a sixteenth consecutive month of expansion. The rate of growth accelerated to the fastest in two months and returned a level above the survey average. Demand and production expanded following declines, driving improvements in employment and purchasing activity. Suppliers’ delivery times however continued to worsen sharply, which alongside increased demand led to severe price pressures for the manufacturing sector. Overall sentiment nevertheless improved in the latest survey.
2021-09-30
Australia Manufacturing PMI Up to 3-Month High
The IHS Markit Australia Manufacturing PMI rose to a three-month high of 57.3 in September 2021 from a final reading of 52 in the prior month, preliminary data showed. Output and new orders returned to growth after a brief month of contraction in August as manufacturers reported to have better adapted to ongoing COVID-19 conditions. Improved demand meanwhile drove firms to hire staff and acquire inputs at faster rates in September. That said, supply constraints simultaneously intensified with suppliers' delivery times having lengthened at the fastest pace since the April 2020 survey record. Shortages of inputs and delivery delays also led to increased price pressures for manufacturers as input price inflation accelerated to the fastest on record. Overall optimism amongst manufacturers nevertheless sustained in September, with business confidence having risen to the highest since June.
2021-09-22
Australia Markit Manufacturing PMI Revised Up
The IHS Markit Australia Manufacturing PMI was revised slightly higher to 52 in August of 2021 from a preliminary of 51.7, still lower than 56.9 in July. That was the slowest growth in factory activity since June 2020, affected by COVID-19 disruptions and supply-chain constraints. Both demand and production fell for the first time since June 2020 amid the extension of mobility restrictions, including strict lockdown measures across various Australian states. Also, price pressures remained elevated, while supplier delivery times worsened sharply. Meanwhile, firms continued to increase their acquisition of inputs and expand workforce numbers amid improved confidence for future performance.
2021-08-31
Australia Manufacturing PMI Drops to 14-Month Low
The IHS Markit Australia Manufacturing PMI tumbled to 51.7 in August 2021 from a final 56.9 in the prior month, preliminary data showed. This was the slowest growth in factory activity since March June 2020, as activity was heavily impacted by current mobility restrictions brought about by the spread of the COVID-19 Delta variant. New orders and output both fell into contraction territory, ending the 13-month growth streaks across both indices. Firms also reported that supply issues had constrained output while suppliers’ delivery times continued to lengthen, and at the most severe pace since April 2020. On the cost front, both input costs and output charges continued to increase at rates well above their respective survey averages. Firms were generally cautious with regards to their input inventories, which were broadly unchanged from July. Finally, confidence was slightly more positive, lifted by hopes of an improvement in the local COVID-19 situation.
2021-08-22

Australia Markit Manufacturing PMI
The IHS Markit Manufacturing PMI is based on data compiled from monthly replies to questionnaires sent to a representative panel of purchasing executives in over 400 private sector manufacturing firms in Australia. The panel is stratified by GDP and company workforce size. The manufacturing sector is divided into the following nine broad categories: Food & Drink, Textiles & Clothing, Wood & Paper, Chemicals, Plastics & Rubber, Metals & Metal Products, Electronic & Electrical Equipment, Machinery & Equipment, Transport Equipment and Other Manufacturing. 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.

Australia Last Unit Reference Previous Highest Lowest
Composite PMI 46.50 points Sep/21 43.30 58.90 21.70
Services Sentiment 45.50 points Sep/21 42.90 58.80 19.50
Industrial Sentiment 56.80 points Sep/21 52.00 60.40 44.00