ustralian Industry Group (latest release)
Measures Level of a diffusion index based on surveyed service-based companies;
Usual Effect Actual > Forecast = Good for currency;
Frequency Released monthly, on the third business day after the month ends;
Next Release Dec 4, 2016
FF Notes Above 50.0 indicates industry expansion, below indicates contraction;
Derived Via Survey of about 200 service-based companies which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories;
Also Called Performance of Services Index;