Ai Group monitors and analyses developments across the Australian economy. We produce a range of regular activity indicators, reports, submissions and research notes about issues that affect Australian business and industry.
December 2019 Performance of Manufacturing Index
Up 0.2 points
Down 0.8 points
December 2019 Performance of Services Index
Down 5.0 points
Down 1.2 points
December 2019 Performance of Construction Index
Down 1.1 points
Down 0.8 points
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The time series indices and sub-series for each monthly Index report are available for purchase on an annual subscription basis for an annual fee. These include time series data for each activity index and each sub-sector and for selected states (excluding the Australian PCI). Annual subscribers receive the updated data each month.
06 December, 2019
This week the Reserve Bank of Australia (RBA) left the cash rate on hold at 0.75%, a record low for Australia. Australian economic growth has remained slow in 2019 to date, for a range of global and local reasons including trade disruptions, drought and reluctant business investment. The RBA’s latest forecasts (published in the November Statement on Monetary Policy) indicate no substantial improvement in the pace of growth is expected in 2020.
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