Australia - Purchasing Managers index

Australia: Purchasing Managers index

Mnemonic PMI.IAUS
Unit Diffusion Index, SA
Adjustments Seasonally Adjusted
Monthly 5.67 %
Data Oct 2019 51.6
Sep 2019 54.7

Series Information

Source Australian Industry Group
Release Performance of Manufacturing Index (PMI)
Frequency Monthly
Start Date 9/30/1992
End Date 10/31/2019

Australia: Business

Reference Last Previous Units Frequency
Purchasing Managers index Oct 2019 51.6 54.7 Diffusion Index, SA Monthly
Business Confidence Aug 2019 100.24 100.82 Index long term avg=100, SA Monthly
Change in Inventories 2019 Q2 -2,411 696 Mil. AUD, SA Quarterly
Industrial Production 2019 Q2 106.6 105.4 Index Jul16-Jun17=100, SA Quarterly
Real Change in Inventories 2019 Q2 -1,982 559 Mil. Ch. Jul16-Jun17 AUD, SA Quarterly

Release Information

The Australian Performance of Manufacturing Index (Australian PMI) is a seasonally adjusted national composite index based on the diffusion indices for production, new orders, deliveries, inventories and employment with varying weights. An Australian PMI reading above 50 points indicates that manufacturing is generally expanding; below 50, that it is declining. The distance from 50 is indicative of the strength of the expansion or decline. Survey results are based on a rotating sample of manufacturing companies each month.

The Australian PMI is compiled with data from a monthly survey of a representative sample of manufacturing businesses. The Australian PMI is a ‘diffusion’ index, calculated from a weighted composite of five key activity indicators including production, new orders, supplier deliveries, inventories and employment. Different weights are attached to these indicators, which are combined into the headline index and into indexes for each sub-sector. The Australian PMI and the detailed series for sub-indexes and sub-sectors are seasonally adjusted.

Data are reported in seasonally adjusted figure and are subject to adjustments.