The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) ended the financial year on a high note, down just 0.1 point to 57.4 to record a 21st month of continuous expansion. This PMI measures perceived changes in activity levels across Australia’s manufacturing sector from one month to the next. Readings above 50 indicate … Continue reading Manufacturing closes financial year on a high note
Confidence in the manufacturing sector is at its highest level since June 2003, with the sector investing for growth on the back of healthy profits and sales, according to illion’s latest Business Expectations Survey. The latest analysis reveals business confidence across all sectors rose 13.7 percent compared to the prior corresponding period, primarily driven by … Continue reading Manufacturing outlook ‘highest’ for almost 15 years
Australia’s manufacturing industry entered 2018 in good health after completing a year of continuous month-on-month growth. Further building on the recovery the sector has experienced over the year, the Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) recorded a reading of 56.2 in December – down a slight 1.1 on the previous month. … Continue reading Australian manufacturing ‘seeking progress’ in 2018
Manufacturing in Australia has recorded its 14th consecutive month of expansion, led by the country’s substantial food and beverage industry. Five of the eight manufacturing sub-sectors expanded in November, according to the Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI). However, non-metallic mineral products (mainly building materials) plunged 10.2 points and into contraction at … Continue reading Australian manufacturing continues 2017 expansion
October marked a second year of growth in the Australian manufacturing industry, despite the closure of the automotive assembly sector in South Australia. Six of the eight manufacturing sub-sectors expanded last month, according to results from the Australian Performance of Manufacturing Index (PMI). Growth was led by the non-metallic mineral products sector, which stayed at … Continue reading Automotive closure fails to slow manufacturing growth
Australian manufacturing recorded its highest monthly expansion for 15 years in August, according to the latest industry figures. The Australian Industry (Ai) Group’s Australian Performance of Manufacturing Index (PMI) jumped by 3.8 points to 59.8 last month, marking an eleventh consecutive month of growth. “The alignment of the stars continued for domestic manufacturing with the … Continue reading Stars align as Australian manufacturers record strongest month since 2002
Australia’s manufacturing sector has experienced a tenth consecutive month of expansion – despite significant challenges. The Australian Industry (Ai) Group’s Australian Performance of Manufacturing Index (Australian PMI) increased by 1.0 point in July to 56.0 points. According to the index, results above 50 indicate expansion with even higher results indicating a stronger expansion. In July, … Continue reading Construction, mining demand aiding continued manufacturing growth
The Australian Industry (Ai) Group’s Performance of Manufacturing Index (PMI) inched 0.2 points higher to 55.0 in June – a ninth consecutive month of expansion for the manufacturing sector. “Sales, exports and production all lifted and growth was widespread across the sector,” said Ai Group chief executive, Innes Willox. There was higher activity in the … Continue reading PMI: Australian manufacturing continues to expand
Manufacturing growth has consolidated in January, according to the Australian Industry Group (Ai Group). Ai Group’s Performance of Manufacturing Index (Australian PMI) has expanded for a fourth consecutive month, to a reading of 51.2 in January. This figure is down 4.2 points from December 2016 (figures above 50 represent an increase in manufacturing, with the … Continue reading Manufacturing grows over January period
Australia’s manufacturing sector has grown for the 13th straight month, the best streak since 2014, strengthening to 56.4 in the Australian Industry Group Performance of Manufacturing Index results.
The Australian Industry Group – PwC Australian Performance of Manufacturing Index (Australian PMI®) survey for September shows the sector’s decline was not arrested last month.
The rate of manufacturing deflation eased in June, with four sectors experiencing growth, according to official statistics.
In worrying news for Australian manufacturers, industry activity dropped again during May, reaching its lowest level in nine months, according to an Australian Industry Group (Ai Group) report.