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Australia AIG Manufacturing Index
Latest Release
Apr 02, 2024
Actual-7.0
Previous-12.6
The Australian Industry Group (AIG) Manufacturing index rates the relative level of business conditions in the sector. The data is based on a survey of about 200 manufacturers. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Apr 03, 2024 (Mar) | 00:00 | -7.0 | -12.6 | ||
| Mar 06, 2024 (Feb) | 00:00 | -12.6 | -23.8 | ||
| Feb 07, 2024 (Dec) | 00:00 | -23.8 | -25.3 | ||
| Dec 06, 2023 (Nov) | 00:00 | -25.3 | -20.9 | ||
| Nov 01, 2023 (Oct) | 00:00 | -20.9 | -12.8 | ||
| Oct 04, 2023 (Sep) | 01:00 | -12.8 | -19.8 |
Analysis
FX: November Kicks Off With Elections, Pandemic Uptick, Rate Decisions
By Kathy Lien - Nov 02, 2020
November kicks off with one of the most closely watched elections in US history, widespread COVID-19 lockdowns in Europe, three central bank monetary policy announcements and labor market reports from...
AIG Manufacturing Index Discussion
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