Australia - Purchasing Managers index

Australia: Purchasing Managers index

Mnemonic PMI.IAUS
Unit Diffusion Index, SA
Adjustments Seasonally Adjusted
Monthly 7.85 %
Data Aug 2020 49.3
Jul 2020 53.5

Series Information

Source Australian Industry Group
Release Performance of Manufacturing Index (PMI)
Frequency Monthly
Start Date 9/30/1992
End Date 8/31/2020

Australia: Business

Reference Last Previous Units Frequency
Purchasing Managers index Aug 2020 49.3 53.5 Diffusion Index, SA Monthly
Change in Inventories 2020 Q2 -4,642 35 Mil. AUD, SA Quarterly
Industrial Production 2020 Q2 101.6 105.2 Index Jul17-Jun18=100, SA Quarterly
Real Change in Inventories 2020 Q2 -4,085 -1,261 Mil. Ch. Jul17-Jun18 AUD, SA Quarterly
Business Confidence May 2020 97.81 98.3 Index long term avg=100, SA Monthly

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.