Contractionary conditions continue  

The Ai Group Australian Industry Index fell in June 2023, losing 1.1 points to -11.9 points (seasonally adjusted). This indicates contractionary conditions. The index has been in contraction for the last fourteen months. The contraction indicated by the Ai Group Australian Industry Index continued in June. The index has indicated contracting conditions for fourteen months […]

05/07/2023 - 11:30 am

Signs of manufacturing slowing in August

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) dropped 3.2 points to 49.3 in August, indicating a slight contraction (readings below 50 points indicate contraction in activity, with lower results indicating a faster rate of contraction). This is the first time the index has contracted since January 2022 following the Omicron outbreak. […]

01/09/2022 - 12:31 pm

Manufacturing expands despite rising costs

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) rose by 1.6 points to 54.0 in June, indicating mild growth as the index recorded a fifth consecutive month in expansion (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). Innes Willox, chief executive of Ai […]

04/07/2022 - 12:43 pm

Supply chain and labour issues constrain Australian manufacturing expansion

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 […]

04/04/2022 - 19:26 pm
Ai Group

Australian manufacturing recovery stalls over holiday period

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 […]

01/02/2022 - 13:04 pm

Mild manufacturing rebound in November

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) rose by 4.4 points to 54.8 in November – the first month of improvement following three months of flat results for the Australian PMI (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). All activity indexes […]

01/12/2021 - 18:10 pm

Manufacturing treads water in October

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 […]

03/11/2021 - 15:10 pm

Australian manufacturing recovery slows  

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) eased by 0.4 points to 51.2 in September, indicating a weaker rate of expansion across manufacturing and effectively stalling a solid period of recovery since late 2020 (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). […]

01/10/2021 - 13:30 pm

Australian Manufacturing expands for tenth consecutive month

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) eased by 2.4 points to 60.8 in July, remaining in strong expansionary territory but indicating a slower rate of growth from June’s record expansion (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). Ai Group Chief […]

04/08/2021 - 13:03 pm

Australian PMI – Manufacturing expands again in May

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) edged 0.1 points higher to 61.8 in May, indicating an eighth consecutive month of recovery following the severe disruptions of Covid-19 in Q2 of 2020 (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). The May […]

15/06/2021 - 20:18 pm

New Issue

LHA Summer 2023

In this month's issue