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

The Australian Performance of Services Index rose by 6.6 points to 57.7 in December 2016 from 51.1 in the previous month. It was the highest reading since May 2007, mainly boosted by a rebound in sales while new orders and employment expanded at a faster pace and stocks grew for the first time since July 2016. On the price front, both input and selling prices rose. Services PMI in Australia averaged 48.22 Index Points from 2009 until 2016, 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 5.00 4.00 20.00 -30.00 [+]
Manufacturing PMI 55.40 54.20 62.13 30.86 [+]
Services PMI 57.70 51.10 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 81.32 80.52 84.67 78.24 percent [+]
New Orders 32.00 27.00 47.00 -37.00 [+]
Changes in Inventories 1053.00 435.00 4094.00 -3982.00 AUD Million [+]
Bankruptcies 636.00 677.00 1123.00 217.00 Companies [+]
Corporate Profits 64174.00 63550.00 70549.00 12032.00 AUD Million [+]
Total Vehicle Sales 97305.00 96977.00 99924.00 48099.00 [+]
Car Production 9334.00 11453.00 39306.00 9227.00 Units [+]
Car Registrations 13549.45 13297.26 13549.45 3990.94 Thousand [+]
Leading Economic Index 0.00 0.10 0.54 -1.07 percent [+]
Small Business Sentiment 1.90 5.38 18.71 -21.10 [+]
Steel Production 458.35 481.70 819.00 238.00 Thousand Tonnes [+]
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 0.80 0.20 2.80 -2.80 percent [+]
Corruption Index 79.00 80.00 88.60 79.00 Points [+]
Corruption Rank 13.00 11.00 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
57.70 51.10 57.70 39.00 2009 - 2016 Index Points Monthly
SA



Last
Australia 57.70 Dec/16
Brazil 45.10 Dec/16
China 53.40 Dec/16
Euro Area 53.70 Dec/16
France 52.90 Dec/16
Germany 54.30 Dec/16
India 46.80 Dec/16
Ireland 59.10 Dec/16
Italy 52.30 Dec/16
Japan 52.30 Dec/16
New Zealand 57.90 Nov/16
Nigeria 47.10 Dec/16
Russia 56.50 Dec/16
Spain 55.00 Dec/16
Sri Lanka 59.80 Dec/16
Sweden 59.90 Dec/16
United Kingdom 56.20 Dec/16
United States 53.90 Dec/16
World 52.80 Jan/16