AU Flash Manufacturing PMI
Track the AU Flash Manufacturing PMI for early insights into Australian manufacturing sector conditions and economic outlook.
Overview
This serves as an early indicator of Australian manufacturing sector health. Purchasing managers possess some of the most timely and relevant insights regarding their companies’ economic outlook. The Flash release is published about a week before the final PMI and tends to have the most market impact. A reading above 50.0 signals sector expansion, while below 50.0 indicates contraction.
Key Information
What it Measures
Level of a diffusion index based on surveyed purchasing managers in the manufacturing sector.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it typically has a positive effect on the currency.
Source & Frequency
Judo Bank and S&P Global (latest release) - https://www.pmi.spglobal.com/ • Released monthly, roughly three weeks into the current month.
How Data is Derived
Survey of purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories
Also Known As
Judo Bank Flash Manufacturing PMI
Acronym
Purchasing Managers' Index (PMI)