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Australia Ai Group Services Index fell to 45.6 in November 2022, released December 2022, down 2.1 from October's 47.7 reading.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| AUD/USD | ▲ Direct | +0.55 | FOREX | Bullish AUD | → View |
| AUD/JPY | ▲ Direct | +0.45 | FOREX | Bullish AUD | → View |
| AUD/NZD | ▲ Direct | +0.40 | FOREX | Bullish AUD | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| NZD/USD | ▲ Direct | +0.35 | FOREX | Bullish NZD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Ai Group Services Index (Australia) was reported at 45.60 in December 2022. The reading fell from the previous value of 47.70. This is classified as a medium-impact indicator released on a monthly basis.
The indicator has been trending downward over the last three releases. The trailing three releases averaged 47.10, down from the prior three at 51.27.
Historically, this indicator is positively correlated with AUD/USD (Bullish AUD). A secondary relationship exists with AUD/JPY, positively correlated (Bullish AUD).
Same-country events in the next 14 days include Construction Work Done QoQ (May 27) and Inflation Rate YoY (May 27).
Auto-generated from current model state · Refreshes on each release · Last update December 2022.
The Ai Group Services Index is a leading economic indicator that measures the performance of the services sector in Australia. It is based on a survey of businesses across a range of industries, providing valuable insights into the health and growth of the services sector. This index is widely used by economists, policymakers, and businesses to track trends and make informed decisions about the Australian economy. With its timely and accurate data, the Ai Group Services Index is a crucial tool for understanding the current and future state of the services industry in Australia.
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 (Nov 2022): actual 45.6. Prior reading (Oct 2022): 47.7. Before that (Sep 2022): 48.
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with AUD/USD (Bullish AUD, r=0.55) — a useful reference for forex-focused traders.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Wednesday, May 27, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:30 | CPI YoY | 3.5 | 3.5 | 3.50 | Low | ||
| 01:30 | Construction Work Done QoQ | -0.1 | 0.8 | 0.20 | Medium | ||
| 01:30 | CPI MoM | 0.3 | 0.3 | 0.30 | Low | ||
| 01:30 | Inflation Rate YoY | 4.6 | 4.4 | 4.45 | Medium | ||
| 01:30 | Inflation Rate MoM | 1.1 | 0.6 | 0.70 | Medium | ||
| 01:30 | CPI | 102.44 | 103.2 | 103.25 | Low | ||
| Thursday, May 28, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 01:30 | Capital Expenditure QoQ | -1.7 | 2 | 2.05 | Low | ||
| 01:30 | Household Spending YoY | 6.3 | 5.5 | 5.50 | Low | ||
| 01:30 | Household Spending MoM | 1.6 | -0.6 | -0.60 | Low | ||
| Friday, May 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 01:30 | Housing Credit MoM | 0.6 | 0.5 | 0.50 | Low | ||
| 01:30 | Private Sector Credit MoM | 0.7 | 0.6 | 0.60 | Low | ||
| 01:30 | Private Sector Credit YoY | 8.1 | 8 | 8.00 | Low | ||