Industry Index

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) increased a further 2.5 points to 55.7 in March – the highest monthly result since July 2021 (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion. Innes Willox, chief executive of Ai Group the national employer […]

The Australian Industry (Ai) Group Australian Performance of Manufacturing Index (Australian PMI) fell by 6.4 points to 48.4 over the summer holiday period (December 2021 and January 2022*), indicating weaker conditions compared with November 2021 (readings below 50 points indicate contraction in activity, with lower results indicating a faster rate of contraction). Innes Willox, chief […]

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) eased by 0.8 points to 50.4 in October – a fourth consecutive month of deceleration and the weakest monthly result for the index since September 2020 (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). Four […]

The Australian Industry Group Australian Performance of Services Index (Australian PSI) rose by 1.4 points to 54.3 over the summer holiday period (December 2020 and January 2021), indicating a further improvement in conditions following the Covid-19 recession of 2020 (results above 50 points indicate expansion, with the distance from 50 points indicating the strength of […]