NAB Australia Business Conditions

Country:
Australia
AUD, Australian Dollar
Sector:
Business
Low 12 13
14
Last release Importance Actual Forecast
Previous
17
12
Next release Actual Forecast
Previous
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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
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
May 2018
15
18
21
Apr 2018
21
20
15
Mar 2018
14
17
20
Feb 2018
21
16
18
Jan 2018
19
12
13
Dec 2017
13
15
13
Nov 2017
12
16
21
Oct 2017
21
14
14
Sep 2017
14
14
Aug 2017
15
15
Jul 2017
15
14
Jun 2017
15
12
May 2017
12
14
Apr 2017
14
12
Mar 2017
14
9
Feb 2017
9
16
Jan 2017
16
11
Dec 2016
11
5
Nov 2016
5
7
Oct 2016
6
8
Sep 2016
8
7
Aug 2016
7
8
Jul 2016
8
11
Jun 2016
12
10
May 2016
10
9
Apr 2016
9
12
Mar 2016
12
8
Feb 2016
8
5
Jan 2016
5
6
Dec 2015
7
10
Nov 2015
10
9
Oct 2015
9
9
Sep 2015
9
11
Aug 2015
11
6
Jul 2015
6
10
Jun 2015
11
6
May 2015
7
4
Apr 2015
4
6
Mar 2015
6
2
Feb 2015
2
2
Jan 2015
2
4
Dec 2014
4
5
Nov 2014
5
13
Oct 2014
13
1
Sep 2014
1
4

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