Australia Performance Services Index  2009-2016 | Data | Chart | Calendar

The AIG Performance of Services Index in Australia increased by 1.6 points to 50.5 in October 2016 from 48.9 in September. It was the first month of growth since July, as employment rebounded sharply and both new orders and sales continued to grow. Meanwhile, stocks and supplier deliveries declined at a slower pace. Among services sub-sectors, health and community services, personal and recreation services and wholesale trade all expanded at a slower rate; while finance and insurance, communication services and property and business services were broadly stable in October. By contrast, retail trade, accommodation, cafes and restaurants and transport and storage continued to contract. Services PMI in Australia averaged 48.08 Index Points from 2009 until 2016, reaching an all time high of 55.60 Index Points in August of 2015 and a record low of 39.00 Index Points in August of 2013. Services PMI in Australia is reported by Markit Economics.

Australia Performance Services Index
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Australia Business Last Previous Highest Lowest Unit
Business Confidence 4.00 6.00 20.00 -30.00 [+]
Manufacturing PMI 54.20 50.90 62.13 30.86 [+]
Services PMI 50.50 48.90 55.60 39.00 Index Points [+]
Industrial Production 3.61 4.78 12.77 -7.80 percent [+]
Industrial Production Mom -1.48 3.24 5.28 -7.01 percent [+]
Manufacturing Production -2.18 -3.72 8.63 -11.77 percent [+]
Capacity Utilization 80.52 80.63 84.67 78.24 percent [+]
New Orders 27.00 25.00 47.00 -37.00 [+]
Changes in Inventories 706.00 -477.00 4145.00 -4074.00 AUD Million [+]
Bankruptcies 812.00 771.00 1123.00 217.00 Companies [+]
Corporate Profits 63661.00 59551.00 70570.00 12032.00 AUD Million [+]
Total Vehicle Sales 97940.00 100323.00 100323.00 48099.00 [+]
Car Production 11766.00 15055.00 39306.00 9227.00 Units [+]
Car Registrations 13549.45 13297.26 13549.45 3990.94 Thousand [+]
Leading Economic Index 0.10 0.10 0.54 -1.07 percent [+]
Small Business Sentiment 1.90 5.38 18.71 -21.10 [+]
Steel Production 481.70 477.10 819.00 238.00 Thousand Tonnes [+]
Mining Production 9.94 13.47 25.48 -16.61 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 -0.30 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
50.50 48.90 55.60 39.00 2009 - 2016 Index Points Monthly
SA



Last
Australia 50.50 Oct/16
Brazil 43.90 Oct/16
China 52.40 Oct/16
Euro Area 54.10 Nov/16
France 52.60 Nov/16
Germany 55.00 Nov/16
India 54.50 Oct/16
Ireland 54.60 Oct/16
Italy 51.00 Oct/16
Japan 50.50 Oct/16
Nigeria 42.80 Nov/16
Russia 52.70 Oct/16
Spain 54.60 Oct/16
Sri Lanka 59.30 Oct/16
Sweden 57.60 Oct/16
United Kingdom 54.50 Oct/16
United States 54.70 Nov/16
World 52.80 Jan/16