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The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI®) fell slightly by 0.7 points to 58.3 in October 2018, indicating further expansion but at a marginally slower pace than the previous month. This result extended the index’s period of uninterrupted growth to 25 months (readings above 50 indicate expansion in activity, with the […]

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI®) climbed 2.3 points to 59.0 in September 2018, indicating faster growth across the manufacturing sector and extending the index’s period of uninterrupted growth to a full two years (readings above 50 indicate expansion in activity, with the distance from 50 indicating the strength of […]

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI®) fell 5.4 points to 52.0 in July 2018, indicating continuing but slower growth across the manufacturing sector (readings above 50 indicate expansion in activity, with the distance from 50 indicating the strength of the increase).

“Official data has confirmed 2018’s strong performance for the manufacturing industry. We have already seen this in over 20 months of Ai Group’s Australian PMI®, which is an accurate real-time indicator of activity in Australian manufacturing and a ‘leading indicator’ of these ABS numbers. The solid recovery in manufacturing output is positive news for this […]