Snapshot for Australian Industry Group Performance of Services Index (AIGISMI)

Rate Profile Information for AIGISMI

The Australian Performance of Services Index (Australian PSI) is a composite index based on the diffusion indexes for sales, new orders, employment, inventories and deliveries all of varying weights. An Australian PSI reading above 50 points indicates that the service industry is generally expanding, below 50 that it is declining. The distance between 50 is indicative of the strength of the expansion or decline.