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

The Australian Performance of Services Index fell by 3.2 points to 54.5 in January 2017 from 57.7 in the previous month. Deliveries grew strongly, lifting by 10.2 points to 61 points, the highest reading since the sub-index began. Sales continued to grow solidly (57.4 vs 62.1), while employment increased at a slower pace (53.8 vs 56.6). New orders remained expansionary (51.8 vs 60.4) but the rate of growth slowed. Stocks fell into contractionary territory, losing 6.7 points to reach 45.9 points. 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 10.00 6.00 20.00 -30.00 [+]
Manufacturing PMI 51.20 55.40 62.13 30.86 [+]
Services PMI 54.50 57.70 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 81.50 80.85 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 97636.00 97012.00 99953.00 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 0.40 0.00 0.54 -1.07 percent [+]
Small Business Sentiment 1.56 1.90 18.71 -21.10 [+]
Steel Production 448.12 458.35 819.00 238.00 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 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 February of 2017.

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



Last
Australia 54.50 Jan/17
Brazil 45.10 Jan/17
China 53.10 Jan/17
Euro Area 53.70 Jan/17
France 56.70 Feb/17
Germany 53.40 Jan/17
India 48.70 Jan/17
Ireland 61.00 Jan/17
Italy 52.40 Jan/17
Japan 51.90 Jan/17
New Zealand 59.50 Jan/17
Nigeria 49.40 Jan/17
Russia 58.40 Jan/17
Spain 54.20 Jan/17
Sri Lanka 57.50 Jan/17
Sweden 61.10 Jan/17
United Kingdom 54.50 Jan/17
United States 55.60 Jan/17
World 52.80 Jan/16