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Australia Ai Group Manufacturing Index climbed to -16.8 in June 2026, up 4.5 from May's -21.3 reading. The print exceeded the -22 consensus by 5.2. Ai Group Manufacturing Index has now risen for 3 consecutive months. Over the past 3 months, Ai Group Manufacturing Index averaged -25.15, vs -20.97 in the prior 3-month window. The reading is in the 84th percentile of the trailing 24-month range.
across last 12 releases
Jun 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.52 | INDEX | Moves against | → View |
| S&P/ASX 200 | ▼ Inverse | −0.40 | INDEX | Moves against | → View |
| USD/JPY | ▲ Direct | +0.35 | FOREX | Moves with | → View |
| AUD/JPY | ▲ Direct | +0.34 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Ai Group Manufacturing Index (Australia) was reported at -16.80 in June 2026. This beat the market consensus of -22.00 by 5.20. The reading rose from the previous value of -21.30. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged -20.01, ranging from -27.90 to -13.20 across 10 releases.
The indicator has been trending upward over the last three releases. The trailing three releases averaged -22.37, down from the prior three at -17.67. Volatility over the past year (σ 4.10) is lower than the prior year (σ 7.06). In June readings over the past 3 years, Ai Group Manufacturing Index has averaged -23.45.
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with S&P/ASX 200, negatively correlated (Bearish S&P). Over the last 12 releases, the Sigmacast model's median absolute error is 4.55.
Same-country events in the next 14 days include S&P Global Manufacturing PMI (Jul 23) and S&P Global Services PMI (Jul 23).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
The Ai Group Manufacturing Index is a leading economic indicator that measures the performance of the manufacturing sector in Australia. It provides valuable insights into the health and growth of the industry by tracking changes in key factors such as production, new orders, employment, and exports. This index is widely used by businesses, policymakers, and investors to make informed decisions and assess the overall state of the Australian economy. With its timely and accurate data, the Ai Group Manufacturing Index is a crucial tool for monitoring the country's manufacturing activity and predicting future trends.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
Latest reading (Jun 2026): actual -16.8, consensus -22. Prior reading (May 2026): -22.4. Before that (Apr 2026): -27.9.
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.52) — a useful reference for index-focused traders.
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| Thursday, July 23, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:00 | Westpac Leading Index MoM | 0 | -0.2 | -0.35 | Low | ||