Breaking News

Australia AIG Manufacturing Index

Latest Release

Nov 05, 2024

Actual

-19.7

-33.6

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
Nov 05, 2024 (Oct)	22:00	-19.7	-33.6
Oct 01, 2024 (Sep)	23:00	-33.6	-30.8
Sep 03, 2024 (Aug)	23:00	-30.8	-19.5
Aug 06, 2024 (Jul)	23:00	-19.5	-26.5
Jul 02, 2024 (Jun)	23:00	-26.5	-31.1
Jun 04, 2024 (May)	23:00	-31.1	-13.9

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