Australia - Purchasing Managers index





Australia: Purchasing Managers index

Mnemonic PMI.IAUS
Unit Diffusion Index, SA
Adjustments Seasonally Adjusted
Monthly 0.42 %
Data Dec 2019 48.3
Nov 2019 48.1

Series Information

Source Australian Industry Group
Release Performance of Manufacturing Index (PMI)
Frequency Monthly
Start Date 9/30/1992
End Date 12/31/2019

Australia: Business

Reference Last Previous Units Frequency
Purchasing Managers index Dec 2019 48.3 48.1 Diffusion Index, SA Monthly
Business Confidence Nov 2019 101.6 101.1 Index long term avg=100, SA Monthly
Change in Inventories 2019 Q3 -1,037 -2,144 Mil. AUD, SA Quarterly
Industrial Production 2019 Q3 104.3 104.1 Index Jul17-Jun18=100, SA Quarterly
Real Change in Inventories 2019 Q3 -941 -1,366 Mil. Ch. Jul17-Jun18 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.