australian pmi

The performance of the Australian manufacturing sector has dipped into negative territory, with the November Australian Industry Group Performance of Manufacturing Index (Australian PMI) falling to 48.1. The figure was 3.5 points below the October figure and was the lowest reading since August 2016. Calling for the federal government to take greater action on lifting … Continue reading Manufacturing PMI indicates sector contraction →

The Ai Group’s Performance of Manufacturing Index (Australian PMI), has returned to positive territory in July. The index climbed 1.9 points to reach 51.3. Readings above 50 indicate an expansion of activity in the sector. In June, the Australian PMI dropped below 50, indicating a contraction in the sector, for the first time in nearly … Continue reading Australian PMI returns to positive →

Numbers released by the Australian Industry Group (Ai Group) as part of their ongoing tracking of the manufacturing sector indicate that June was a mixed month for the sector. The Australian Performance of Manufacturing Index (PMI) While production and exports expanded, other activity indexes contracted, with employment down by 5.5 points, new orders down 2.5 … Continue reading June’s PMI: A mixed month for manufacturers →

The Australian Industry Group’s (Ai Group) Australian Performance of Manufacturing Index (Australian PMI) has remained in expansionary territory at 52.7 points in May. It marks the 33rd consecutive month of stability and reading over the 50-point mark. Despite its positive streak, the PMI has dipped 2.1 points from the previous month, indicating a slower rate … Continue reading Australia PMI recovery slows in May →

The Australian Industry Group (AI Group), Australian Performance of Manufacturing Index (Australian PMI) has risen by 3.8 points to 54.8 in April, marking the fastest growth across the manufacturing sector. The monthly PMI survey revealed that four of the six manufacturing sectors recording results above 50, led by food and beverage sector up (1.6 points … Continue reading Manufacturing performance lifts in April →

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) recovered by 2.5 points to 52.5 in January 2019. This indicates that manufacturing conditions turned mildly positive again in January, after a flat result in December 2018 ended 26 months of continuous expansion (readings above 50 points indicate expansion in activity, with the distance … Continue reading Australian manufacturing sees slow but positive start to 2019 →

The Australian Industry Group (Ai Group) Australian Performance of Manufacturing Index (Australian PMI) results show that the manufacturing sector continued to expand in October, extending the index’s period of uninterrupted growth to 25 months. The Australian PMI fell slightly in the month – by 0.7 points to 58.3. Results above 50 points indicate expansion. The … Continue reading Australian PMI: Manufacturing growth remains robust →

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) climbed 2.3 points to 59.0 in September, indicating faster growth across the manufacturing sector and extending the index’s period of uninterrupted growth to a full two years. Australian PMI is a national composite index calculated from a weighted mix of the diffusion indices for production, … Continue reading Australian PMI: Two years of uninterrupted expansion in manufacturing →

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) climbed 4.7 points to 56.7 in August, indicating faster growth across the manufacturing sector. Ai Group Chief Executive Innes Willox said the rebounded PMI in August places Australia on the cusp of two years of uninterrupted expansion. “The manufacturing sector has confounded doubters in … Continue reading Manufacturing rebounds in August despite drought impacts →

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.