Australian PMI: Manufacturing stumbles into 2020

The Australian Industry (Ai) Group Australian Performance of Manufacturing Index (Australian PMI) dropped 2.9 points to 45.4 in January, a third consecutive month of contraction that marked the lowest monthly result since 2015 (readings below 50 points indicate contraction in activity, with the distance from 50 indicating the strength of the contraction). January is traditionally […]

05/02/2020 - 10:40 am

Australian PMI: Manufacturing downturn adds weight to calls for fiscal stimulus

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) increased slightly by 0.2 points to 48.3 in December, marking two consecutive months of contraction in the Australian PMI for the first time since mid-2015 (readings below 50 points indicate contraction in activity, with the distance from 50 indicating the strength of the contraction). […]

06/01/2020 - 11:36 am

Positive start to new financial year for manufacturing

The Australian Industry (Ai) Group Australian Performance of Manufacturing Index (Australian PMI) rose 1.8 points to 53.1 in August, driven by increasing levels of production and rising exports*. Ai Group chief executive Innes Willox said, “Stronger production, sales, and employment combined in a small though encouraging lift in the Australian PMI for August. While it […]

03/09/2019 - 07:45 am

New Issue

LHA May/June 2022

In this month's issue