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Actual | Forecast | Previous | Revised Form | |
| 51.0 | 48.5 | N/A | |||
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For January
From the Release: "Despite the continued improvement in the broader economy, manufacturers are finding revenue growth to be a major challenge. In January profit margins were squeezed further by a decline in selling prices and a slight acceleration in input costs and wages growth. In recent months, the rate of capacity utilisation in the manufacturing sector has lifted to be more or less in line with the long-run average, and it is therefore vital that manufacturers seek new ways in which to boost their levels of productivity." |
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| 3/31 | 4/30 | 5/31 | 6/30 | 8/2 | 9/30 | 11/1 | 11/30 | 1/3 | 1/31 | ||
| Actual | 33.4 | 30.1 | 37.5 | 49.3 | 44.5 | 52.0 | 51.7 | 51.2 | 48.2 | 51.0 | |
| Forecast | |||||||||||
| Previous | 31.7 | 33.2 | 30.1 | 37.5 | 38.4 | 51.7 | 52.0 | 51.7 | 51.2 | 48.5 | |
| Revised From | N/A | 33.4 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
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Actual | Forecast | Previous | Revised Form | |
| 48.2 | 51.2 | N/A | |||
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For December
From the Release: Manufacturing activity fell slightly in December, following four consecutive rises. This reflected modest falls in production and input deliveries and a marginal decline in new orders. Inventories rose a little while employment grew slightly for a second month reflecting the lagged impact of recent higher activity...December’s result illustrates the tenuous nature of the recovery in manufacturing as it contends with a high exchange rate, moderate growth in domestic demand and a still weak global economy. |
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Actual | Forecast | Previous | Revised Form | |
| 51.2 | 51.7 | N/A | |||
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For November
The Australian Industry Group-PricewaterhouseCoopers Australian performance of manufacturing index declined to a seasonally adjusted 51.2 in November from 51.7 in October, indicating Australia’s manufacturing sector expanded for a fourth straight month but at a slightly slower pace, the AiG and PwC reported. The production index increased to 54.0 in November from 53.0 in October, indicating manufacturing production continued its expansion for a fourth consecutive month. New orders posted a fourth straight expansion in November but at a much slower pace, with the new orders index falling to 51.9 from October’s 57.7. Manufacturing employment expanded for the first time in 23 months in November, with the employment index rising to 53.7 from October’s 44.6. |
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Actual | Forecast | Previous | Revised Form | |
| 51.7 | 52.0 | N/A | |||
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For October
From the Release: "The seasonally adjusted index remained relatively steady in October,
down by 0.3 points to 51.7 (above the 50 point level separating
expansion from contraction). The October growth was driven by
a substantial lift in new orders and modestly higher production.
However, further falls in employment detracted from manufacturing
growth in October. Across manufacturing, the improvements of the past
few months slowed in October with six of the twelve sub-sectors
reporting growth, compared with seven in September.
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Actual | Forecast | Previous | Revised Form | |
| 52.0 | 51.7 | N/A | |||
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For September
From the Release: "Manufacturing held on to its gains in September with activity expanding
for the second consecutive month according to the latest Australian
Industry Group - PricewaterhouseCoopers Australian Performance of
Manufacturing Index (Australian PMI®). The seasonally adjusted index
was up slightly in September by 0.3 points to 52.0, its highest level
since December 2007, 21 months ago.
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Actual | Forecast | Previous | Revised Form | |
| 44.5 | 38.4 | N/A | |||
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For July
From the Release: "The seasonally adjusted Australian Industry Group - PricewaterhouseCoopers Australian Performance of Manufacturing Index (Australian PMI®) rose by 6.1 points to 44.5. The index remains below the 50 point level separating expansion from contraction, but is at its highest level since September 2008. Ai Group Chief Executive, Heather Ridout, said: "The easing in the rate of decline in manufacturing activity is encouraging. This is supported by the direction of the Global PMI, which stood at 46.9 in June 2009. In Europe, Japan and the US, declines in new orders and production have eased to levels last seen around the middle of last year. "It is clear that the manufacturing performance in Australia has been deeply influenced by fiscal and monetary stimulus and inventory rundowns. Looking beyond the monthly figures, the big question is whether these improvements will be sustained once these stimulatory forces have abated," Mrs Ridout said." |
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Actual | Forecast | Previous | Revised Form | |
| 49.3 | 37.5 | N/A | |||
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For une
From the Release: "Manufacturing activity continued to weaken throughout June although the pace of decline eased slightly. The seasonally adjusted Australian Industry Group - PricewaterhouseCoopers Australian Performance of Manufacturing Index (Australian PMI®) rose by 0.9 points to 38.4, remaining below the 50.0 level separating expansion from contraction. While activity has now contracted for 13 consecutive months, the Australian PMI® in June was 7.1 points above last year's lowest reading in November 2008." |
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Actual | Forecast | Previous | Revised Form | |
| 37.5 | 30.1 | N/A | |||
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For May
From the Release:
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Actual | Forecast | Previous | Revised Form | |
| 30.1 | 33.2 | 33.4 | |||
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For April
From the Release: "Australian manufacturing industry output fell for the eleventh
consecutive month in April, continuing to trawl uncharted lows.
Producers cut inventories at the fastest rate in the index’s history in
the face of a continuing drop in demand for new goods. The seasonally
adjusted Australian Industry Group - PricewaterhouseCoopers Australian Performance of Manufacturing Index (Australian PMI®)
fell by 3.1 points to a record low of 30.1 which is well below the
50-point mark that separates expansion from contraction. The April Australian PMI® showed falls in all States.
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Actual | Forecast | Previous | Revised Form | |
| 33.4 | 31.7 | N/A | |||
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For March
From the Release: The manufacturing industry continued to deteriorate in March although the rate of decline has eased with the Australian Industry Group - PricewaterhouseCoopers Australian Performance of Manufacturing Index (Australian PMI®) up slightly by 1.7 points to 33.4. This is well below the 50-point mark that separates expansion from contraction. Australian Industry Group (Ai Group) Chief Executive, Heather Ridout, said: "The manufacturing industry continues to endure extremely challenging economic conditions with the March Australian PMI® showing that all sectors in all states, with the exception of Tasmania, declined in March. "Production, capacity utilisation and exports remain in the doldrums, with the new orders reading - although a little up from February - not indicating any early pick up. As a result, employment fell across the board while wages growth continued to ease. "The Australian PMI® suggests that economic conditions have not bottomed in the economy and that the outlook remains uncertain. Business is hunkering down and hoping that conditions will improve in the second half of the year. Whether they will, remains to be seen," Mrs Ridout said." |
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