Breaking News

Australia AIG Manufacturing Index

Latest Release

Sep 03, 2024

Actual

-30.8

-19.5

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.

Importance:

Country:

Currency: AUD

Source: Australian Industry Group

Release Date	Time	Actual	Previous
Sep 03, 2024 (Aug)	19:00	-30.8	-19.5
Aug 06, 2024 (Jul)	19:00	-19.5	-26.5
Jul 02, 2024 (Jun)	19:00	-26.5	-31.1
Jun 04, 2024 (May)	19:00	-31.1	-13.9
Apr 30, 2024 (Apr)	19:00	-13.9	-7.0
Apr 02, 2024 (Mar)	18:00	-7.0	-12.6

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AIG Manufacturing Index Discussion

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