Australia Performance Services Index  2009-2017 | Data | Chart | Calendar

The Australian Performance of Services Index fell to 49.0 from 54.5 in the previous month, pointing to the first contraction in the services activity since September of 2016. Among five activity sub-indexes: sales contracted after two months of growth (-10.6 to 46.8 point); new orders fell 2 points to 49.8 points in February, indicating stable orders in the month following five months of steady growth; employment dropped 4.6 points to 49.2 points in February, suggesting stable employment levels following four months of mild expansion; supplier deliveries still indicated expansion but at a slower pace (-7.3 points to 53.7 point); and stocks (inventories) shrank for a second month to 45.3 points. Among sub sectors the expansion was recorded for wholesale trade, finance and insurance, personal and recreational services, retail trade, property and business services and health and community services. In contrast, hospitality, transport and communications contracted. Services PMI in Australia averaged 48.30 Index Points from 2009 until 2017, reaching an all time high of 57.70 Index Points in December of 2016 and a record low of 39 Index Points in August of 2013.

Australia Performance Services Index
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Australia Business Last Previous Highest Lowest Unit
Business Confidence 7.00 10.00 20.00 -30.00 [+]
Manufacturing PMI 59.30 51.20 62.13 30.86 [+]
Services PMI 49.00 54.50 57.70 39.00 Index Points [+]
Industrial Production -0.20 1.70 12.40 -7.80 percent [+]
Industrial Production Mom -0.50 -1.30 5.10 -7.00 percent [+]
Manufacturing Production -0.20 2.00 12.10 -8.10 percent [+]
Capacity Utilization 81.39 81.50 84.67 78.24 percent [+]
New Orders 42.00 32.00 47.00 -37.00 [+]
Changes in Inventories 552.00 1228.00 4095.00 -3996.00 AUD Million [+]
Bankruptcies 396.00 504.00 1123.00 217.00 Companies [+]
Corporate Profits 77773.00 64765.00 77773.00 12032.00 AUD Million [+]
Total Vehicle Sales 94786.00 97442.00 100010.00 48099.00 [+]
Car Production 15808.00 6139.00 39306.00 6139.00 Units [+]
Car Registrations 13549.45 13297.26 13549.45 3990.94 Thousand [+]
Leading Economic Index -0.10 0.00 0.54 -1.07 percent [+]
Small Business Sentiment 1.56 1.90 18.71 -21.10 [+]
Steel Production 436.66 448.12 819.00 238.00 Thousand Tonnes [+]
Private Investment -2.10 -3.30 15.60 -7.80 percent [+]
Mining Production 3.60 9.40 25.40 -16.80 percent [+]
Competitiveness Index 5.19 5.15 5.20 5.08 Points [+]
Competitiveness Rank 22.00 21.00 22.00 15.00 [+]
Business Inventories 0.30 0.90 2.80 -2.80 percent [+]
Corruption Index 79.00 79.00 88.60 79.00 Points [+]
Corruption Rank 13.00 13.00 13.00 7.00 [+]
Ease of Doing Business 15.00 13.00 15.00 9.00 [+]



Australia Performance Services Index Notes

The Australian Industry Group Australian Performance of Services Index (Australian PSI®) is a leading indicator of services activity in the Australian economy. The Australian PSI is a seasonally adjusted national composite index based on the diffusion indices for sales, orders/new business, deliveries, inventories and employment with varying weights. An Australian PSI® reading above 50 points indicates that services activity is generally expanding; below 50, that it is declining. The distance from 50 is indicative of the strength of the expansion or decline. Results are based on a sample of around 200 companies each month. This page provides the latest reported value for - Australia Performance Services Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Performance Services Index - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
49.00 54.50 57.70 39.00 2009 - 2017 Index Points Monthly
SA



Last
Australia 49.00 Feb/17
Brazil 46.40 Feb/17
China 52.60 Feb/17
Euro Area 55.50 Feb/17
France 56.40 Feb/17
Germany 54.40 Feb/17
India 50.30 Feb/17
Ireland 60.60 Feb/17
Italy 54.10 Feb/17
Japan 51.30 Feb/17
New Zealand 58.80 Feb/17
Nigeria 44.50 Feb/17
Russia 55.50 Feb/17
Spain 57.00 Feb/17
Sri Lanka 57.30 Feb/17
Sweden 59.80 Feb/17
United Kingdom 53.30 Feb/17
United States 53.80 Feb/17
World 52.80 Jan/16