The Ai Group Australian Industry Index gained 9.8 points to -1.8 points in February 2023, indicating broadly stable conditions. The index has been in contraction for ten of the past twelve months. New orders rebound (up 24.5 points to +8.3), and employment continued a steady rise (up 3.4 points to +6.2). Activity levels remain in overall contraction (up 5.7 points to -14.5). The input price (up 21.1 points to +61.2)and wages (up 7.2 points to +40.9) indicators grew rapidly again, indicating broadening inflationary pressures for the industry. On the other hand, sales price (down 8.7 points to +11.1) and (down 27.7 points to -9.2) exports fell. source: Australian Industry Group

Industry Index in Australia averaged -1.69 points from 2020 until 2023, reaching an all time high of 22.80 points in March of 2021 and a record low of -43.60 points in April of 2020. This page includes a chart with historical data for Australia Ai Group Industry Index. Australia Ai Group Industry Index - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Industry Index in Australia is expected to be 2.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Ai Group Industry Index is projected to trend around 11.00 points in 2024 and 6.00 points in 2025, according to our econometric models.

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Australia Ai Group Industry Index



Calendar GMT Actual Previous Consensus TEForecast
2023-02-07 10:20 PM Jan -11.6 -1.1
2023-02-28 11:00 PM Feb -1.8 -11.6 -10
2023-04-04 11:00 PM Mar -1.8 2

Australia Ai Group Industry Index
The Ai Group Australian Industry Index is a monthly index that measures changes in activity in Australia’s industrial sectors. It provides diffusion indices which measure rates of changes in the level of industrial activity – expansion, stability, or contraction. A positive reading indicates the activity is expanding; negative indicates contraction. The distance from 0 indicates the strength of the expansion or decline.
Actual Previous Highest Lowest Dates Unit Frequency
-1.80 -11.60 22.80 -43.60 2020 - 2023 points Monthly
SA

News Stream
Australia Ai Group Industry Contraction Slows in February
The Ai Group Australian Industry Index gained 9.8 points to -1.8 points in February 2023, indicating broadly stable conditions. The index has been in contraction for ten of the past twelve months. New orders rebound (up 24.5 points to +8.3), and employment continued a steady rise (up 3.4 points to +6.2). Activity levels remain in overall contraction (up 5.7 points to -14.5). The input price (up 21.1 points to +61.2)and wages (up 7.2 points to +40.9) indicators grew rapidly again, indicating broadening inflationary pressures for the industry. On the other hand, sales price (down 8.7 points to +11.1) and (down 27.7 points to -9.2) exports fell.
2023-02-28
Australian Industry Contracts Further in January
The Ai Group Australian Industry Index declined 10.5 points from November to -11.6 points during December/January 2023, indicating an accelerated contraction in Australian industry due to weak demand. This was also the ninth month of industrial contraction since May 2022, led by steeper declines in activity (down 12.6 points to -20.2), input volumes (down 7.3 points to -7.2), and new orders (down 20.6 points to -16.2). Meanwhile, supply chain and labor pressures eased slightly, but remain elevated on long-term trends, while pricing indicators all fell from record levels, suggesting inflationary pressures may have peaked in late 2022. Finally, capacity utilization remained high at 84%, with the industry continuing to struggle with supply-side constraints.
2023-02-07