Industry in Australia
Australia - Industry
Industrial production accelerates in August
In August, industrial production expanded a seasonally adjusted 0.9% over the previous month, which came in above the 0.7% expansion observed in July. The acceleration reflected an improvement in manufacturing output as well as in electricity, gas, steam and air conditioning supply. Compared to the same month last year, industrial output quickened from a working-day adjusted 3.0% increase in July to a 3.5% expansion in August, which represents the fastest pace in one year. Despite the faster monthly increase, the trend continues to point downwards, with annual average growth in industrial production falling from 2.2% July to 2.1% in August the slowest pace since September 2010.
Australia - Industry Data
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 4.5 | 1.6 | 2.0 | 1.0 | 3.6 |
Australia Industry Chart
Source: Australia Bureau of Statistics and FocusEconomics calculations.
Australia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 1.37 | 1.47 % | Dec 31 |
| Exchange Rate | 0.70 | 0.05 % | Dec 31 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
-
Australia: Consumer sentiment regains some lost ground in February
February 12, 2020
The Westpac-Melbourne Institute consumer sentiment index rose to 95.5 in February, from 93.4 in January, likely due to easing concerns around wildfires.
-
Australia: Business sentiment regains some lost ground at beginning of 2020
February 11, 2020
The business confidence index produced by National Australia Bank (NAB) rose to minus 0.8 points in January, from minus 2.5 points in December.
-
Australia: Bushfires deter shoppers and lead to sharpest contraction in retail sales in over two years in December
February 6, 2020
Nominal retail sales in December dived 0.5% over the previous month in seasonally-adjusted terms, sharply contrasting November’s 1.0% surge and marking the strongest fall in two-and-a-half years.
-
Australia: RBA holds its ground at first meeting of 2020 but keeps door open to further cuts
February 4, 2020
At its 4 February monetary policy meeting, the Reserve Bank of Australia (RBA) kept the cash rate unchanged at 0.75%, an all-time low.
-
Australia: Inflation inches up in Q4, but remains below the Central Bank’s target band
January 29, 2020
In the fourth quarter of 2019, consumer prices rose 0.7% over the previous quarter following a 0.5% increase in the second quarter, according to the Australian Bureau of Statistics (ABS).
© Copyright: 2020 | Australia Industry | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
