S&P Global Australia Manufacturing Purchasing Managers Index (PMI)

Country: Australia, AUD
Importance:
Low
Sector: Business
Source: S&P Global
Last release
Actual
50.7
Forecast
49.9
Previous
49.8
Next release
Actual
Coming in 13 days
Forecast
51.6
Previous
50.7
Date (GMT)
Reference
Actual
Forecast
Jun 2023
48.2
48.6
Jun 2023 prelim.
48.6
48.1
May 2023
48.4
48.0
May 2023 prelim.
48.0
47.3
Apr 2023
48.0
48.1
Apr 2023 prelim.
48.1
48.8
Mar 2023
49.1
48.7
Mar 2023 prelim.
48.7
50.3
Feb 2023
50.5
50.1
Feb 2023 prelim.
50.1
49.9
Jan 2023
50.0
49.8
Jan 2023 prelim.
49.8
50.3
Dec 2022
50.2
50.4
Dec 2022 prelim.
50.4
51.8
Nov 2022
51.3
51.5
Nov 2022 prelim.
51.5
52.4
Oct 2022
52.7
52.8
Oct 2022 prelim.
52.8
52.5
Sep 2022
53.5
53.9
Sep 2022 prelim.
53.9
54.0

Commonwealth Bank Manufacturing PMI is an indicator of changes in business conditions in the Australian industrial sector in the specified month, as compared to the previous month. The indicator is based on monthly surveys of purchasing managers working in private companies of the manufacturing sector. Respondents are interviewed regarding five main parameters: production, new orders, supplier deliveries, inventory levels and employment environment. The index reflects the conditions of doing business in the manufacturing sector and characterizes the state of the industry. A reading above 50 indicates growth in the sector and can have a positive effect on the Australian dollar quotes.

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