Australia AUD

Australia Ai Group Manufacturing Index

Info

History

Chart

Impact:

Low

Source: Australian Industry Group

Latest Release:

Date:

Surprise:

0.7

Actual:

-23.5

Forecast: -24.2

Previous/Revision:

-25.2

Period: May

Next Release:

Date:

Forecast: -10

Period: Jun

What Does It Measure?

The Australia Ai Group Manufacturing Index measures the economic performance of the manufacturing sector, focusing primarily on production levels, employment trends, new orders, supplier deliveries, and inventory levels. This index is a national indicator and is a vital gauge for assessing the overall health and expansion or contraction of Australia's manufacturing sector, with a reading above 50 suggesting expansion and below 50 indicating contraction.

Frequency

The Australia Ai Group Manufacturing Index is released monthly, typically on the first business day of the month, and it represents a preliminary estimate that may be subject to revision as more data becomes available.

Why Do Traders Care?

Traders closely monitor this index due to its implications for economic growth and inflation, as a stronger manufacturing sector typically is bullish for the Australian Dollar (AUD) and equity markets, while weaker readings may signal economic slowdowns, leading to bearish sentiment in those assets. The index's influence extends to monetary policy considerations, making it a crucial report for investment decisions and economic forecasts.

What Is It Derived From?

This index is derived from a survey of purchasing managers across the Australian manufacturing sector, who provide insights on various components such as production, sales, and employment. The data is collected using diffusion indices, where a reading above 50 indicates expansion and below 50 indicates contraction, reflecting conditions within the industry.

Description

The Australia Ai Group Manufacturing Index serves as a key indicator of the manufacturing sector's performance, combining various metrics to illustrate trends in production and economic activity. Preliminary reports reflect initial findings and may lead to market volatility, while final reports provide a more accurate analysis of the sector's ongoing trends and challenges.

Additional Notes

The index is considered a leading economic indicator, often reflecting future economic movements before they manifest in broader metrics. Its results are closely watched in relation to other economic indicators such as GDP growth, labor market conditions, and international trade data, providing context for Australia's performance in the regional and global markets.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for AUD, Bullish for Stocks. Lower than expected: Bearish for AUD, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Jun 03, 2025	-23.5	-24.2	-25.2	0.7
May 06, 2025	-26.5	-32	-29.7	5.5
Apr 01, 2025	-29.7	-9	-8.2	-20.7
Mar 04, 2025	-8.2	-26	-22.7	17.8
Feb 04, 2025	-22.7	-16	-17.9	-6.7
Dec 03, 2024	-17.9	-17	-19.7	-0.9
Nov 05, 2024	-19.7	-27	-33.6	7.3
Oct 01, 2024	-33.6	-13	-30.8	-20.6
Sep 03, 2024	-30.8	-17.3	-19.5	-13.5
Aug 06, 2024	-19.5	-20	-26.5	0.5
Jul 02, 2024	-26.5	-20	-31.1	-6.5
Jun 04, 2024	-31.1	-9	-13.9	-22.1
Apr 30, 2024	-13.9	-6	-7	-7.9
Apr 02, 2024	-7	-14	-12.6	7
Mar 05, 2024	-12.6	-19	-23.8	6.4
Feb 06, 2024	-23.8	-27	-25.3	3.2
Dec 05, 2023	-25.3	-18	-20.9	-7.3
Oct 31, 2023	-20.9	-14	-12.8	-6.9
Oct 03, 2023	-12.8	-16	-19.8	3.2
Sep 06, 2023	-19.8	-28	-25.6	8.2
Aug 01, 2023	-25.6	-22	-19.8	-3.6
Jul 04, 2023	-19.8	-6	-5.1	-13.8
Jun 06, 2023	-5.1	-24	-20.2	18.9
May 02, 2023	-20.2	2	5.6	-22.2
Apr 04, 2023	5.6	-4	-6.3	9.6