NAB Australia Business Conditions

Country:
Australia
AUD, Australian Dollar
Sector:
Business
Low 20 15
13
Last release Importance Actual Forecast
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NAB Australia Business Conditions are published monthly. They belong to indicators calculated based on the business survey conducted by the National Australia Bank among several hundred Australian companies. It reflects the opinion of business representatives regarding current business conditions.

The index is calculated using average values ​​of trading activity, profitability and employment indicators reported by respondents in their questionnaires. Instead of providing a quantitative measure, respondents provide a relative assessment of changes in business conditions: whether they have improved, worsened or have not changed.

The full monthly survey is a study of business conditions based on different factors, including tax regulation, housing prices, interest rates, the labor market, supply and demand, input and output prices, wages, geopolitical risks, federal and regional policies, and other factors.

The survey coverage includes companies of most sectors of the Australian economy, such as mining, retailing, manufacturing, construction, retail and wholesale trade, transportation, financial and IT services, recreation and entertainment. The full report features separate charts for these industries and for eight Australian states. Based on a comprehensive questionnaire, NAB economists conduct a full analysis of the situation and compile a detailed text report describing which factors have the strongest influence on the respondents' opinions.

The Business Conditions Index is one of the key indicators characterizing Australian business conditions and the overall national economy state. A reading above zero indicates improving business conditions and positive sentiment in the Australian business environment. This may affect the Australian dollar quotes positively. A negative figure indicates a worsening situation.

Last values:

actual data

forecast

The chart of the entire available history of the "NAB Australia Business Conditions" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Jul 2022
20
15
13
Jun 2022
13
9
15
May 2022
16
14
20
Apr 2022
20
23
18
Mar 2022
18
16
9
Feb 2022
9
-4
3
Jan 2022
3
4
8
Dec 2021
8
12
12
Nov 2021
12
2
11
Oct 2021
11
-1
5
Sep 2021
5
23
14
Aug 2021
14
6
10
Jul 2021
11
10
25
Jun 2021
24
33
36
May 2021
37
27
32
Apr 2021
32
35
24
Mar 2021
25
27
17
Feb 2021
15
-5
9
Jan 2021
7
11
16
Dec 2020
14
13
7
Nov 2020
9
-2
2
Oct 2020
1
-11
0
Sep 2020
0
-17
-6
Aug 2020
-6
2
0
Jul 2020
0
4
-8
Jun 2020
-7
-23
-24
May 2020
-24
-16
-34
Apr 2020
-34
-4
-22
Mar 2020
-21
1
0
Feb 2020
0
3
2
Jan 2020
3
4
3
Dec 2019
3
3
4
Nov 2019
4
2
4
Oct 2019
3
2
2
Sep 2019
2
0
1
Aug 2019
1
1
3
Jul 2019
2
1
4
Jun 2019
3
3
1
May 2019
1
6
3
Apr 2019
3
4
7
Mar 2019
7
2
4
Feb 2019
4
5
7
Jan 2019
7
4
3
Dec 2018
2
11
11
Nov 2018
11
17
13
Oct 2018
12
13
14
Sep 2018
15
9
14
Aug 2018
15
15
13
Jul 2018
12
15
14
Jun 2018
15
18
14

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