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Australia AIG Manufacturing Index
Latest Release
Nov 05, 2024
Actual-19.7
Previous-33.6
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 | |
|---|---|---|---|---|---|
| Nov 05, 2024 (Oct) | 23:00 | -19.7 | -33.6 | ||
| Oct 02, 2024 (Sep) | 00:00 | -33.6 | -30.8 | ||
| Sep 04, 2024 (Aug) | 00:00 | -30.8 | -19.5 | ||
| Aug 07, 2024 (Jul) | 00:00 | -19.5 | -26.5 | ||
| Jul 03, 2024 (Jun) | 00:00 | -26.5 | -31.1 | ||
| Jun 05, 2024 (May) | 00:00 | -31.1 | -13.9 |
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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