AIG Australia Manufacturing Index

Country:
Australia
AUD, Australian Dollar
Sector:
Business
Medium 51.5
41.6
Last release Importance Actual Forecast
Previous
51.5
Next release Actual Forecast
Previous
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The Australian Industry Group (AIG) Manufacturing Index measures the state of the national manufacturing sector. This index is based on a monthly survey of Australian manufacturing companies, which represent all industries, such as food and light industry, paper production, oil and chemical production, metalworking, mechanical engineering, etc.

This is a diffuse index, which is calculated as a weighted set of key indicators. These include subindexes related to production activity (sales, output, new orders, employment, deliveries from suppliers, inventory, exports), and price related subindexes (input and selling prices, as well as employee wages).

The survey participants estimate relative variables for their business: whether the value has increased, decreased or has not changed during the reported month. Each of the values is given a certain weight, based on which the final index is calculated.

The index value above 50 indicates the industry growth, and below 50 is an indication of slowdown. The distance from 50 characterizes the speed and strength of changes in the industry.

The industrial sector makes a significant contribution to the country's GDP and its activity characterizes the economy development state, that is why analysts closely follow this index. It is considered to be a strong indicator of the economy state. The index growth can have a positive effect on the Australian dollar quotes.

Last values:

actual data

The chart of the entire available history of the "AIG Australia Manufacturing Index" macroeconomic indicator.

Date (GMT)
Reference
Actual
Forecast
Previous
Jun 2020
51.5
41.6
May 2020
41.6
35.8
Apr 2020
35.8
53.7
Mar 2020
53.7
44.3
Feb 2020
44.3
45.4
Jan 2020
45.4
48.3
Dec 2019
48.3
48.1
Nov 2019
48.1
51.6
Oct 2019
51.6
54.7
Sep 2019
54.7
53.1
Aug 2019
53.1
51.3
Jul 2019
51.3
49.4
Jun 2019
49.4
52.7
May 2019
52.7
54.8
Apr 2019
54.8
51
Mar 2019
51
54
Feb 2019
54
52.5
Jan 2019
52.5
49.5
Dec 2018
49.5
51.3
Nov 2018
51.3
58.3
Oct 2018
58.3
59
Sep 2018
59
56.7
Aug 2018
56.7
52
Jul 2018
52
57.4
Jun 2018
57.4
57.5
May 2018
57.5
58.3
Apr 2018
58.3
63.1
Mar 2018
63.1
57.5
Feb 2018
57.5
58.7
Jan 2018
58.7
56.2
Dec 2017
56.2
57.3
Nov 2017
57.3
51.1
Oct 2017
51.1
54.2
Sep 2017
54.2
59.8
Aug 2017
59.8
56
Jul 2017
56
55
Jun 2017
55
54.8
May 2017
54.8
59.2
Apr 2017
59.2
57.5
Mar 2017
57.5
59.3
Feb 2017
59.3
51.2
Jan 2017
51.2
55.4
Dec 2016
55.4
54.2
Nov 2016
54.2
50.9
Oct 2016
50.9
49.8
Sep 2016
49.8
46.9
Aug 2016
46.9
56.4
Jul 2016
56.4
51.8
Jun 2016
51.8
51
May 2016
51
53.4

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