Ai Group Australian Industry Index®

The Ai Group Australian Industry Index® is representative of the modern industrial ecosystem. It brings together the manufacturing, construction, engineering, technology and business services sectors – industries which together account for 36% of the Australian economy.

Recognising the heritage and importance of the Australian PMI® and Australia PCI®, both will continue as sub-indicators available within the Ai Group Australian Industry Index®, however, there will no longer be separate release dates for these indexes.

The Ai Group Australian Industry Index® is regularly published on the first working Wednesday of each month (or the following working day if the Wednesday is a national holiday): Australian Industry Index release dates 2025


September 2025: Price competition at pandemic levels

Key findings

  • The Australian Industry Index® fell by 2.4 points to -16.0 seasonally adjusted in September.
  • Activity weakened in September, with declines in both sales and employment, while new orders and input volumes were stable.
  • All pricing indicators eased, with a large drop in the sales price index reflected increasing pressure from import-driven competition and intensified pricing strategies.
  • Upstream manufacturers reported lower demand and increased competition, while construction orders were weak in the month.
  • Downstream manufacturers and business services continued to improve in trend terms but are struggling with significant market volatility.

Economic Intelligence newsletter

September 2025

In the September edition of Economic Intelligence we cover:

  • Closing the gender gap in Australia’s workforce participation: This research note uses new ABS microdata to examine what’s driving increased female participation across different industries and age groups.

  • Tracking Australian industry: GDP growth still reliant on public spending; investment weakness threatens growth; labour costs surpass profit growth; weak productivity outlook with low R&D intensity; housing recovery held back; business growth uneven by sector.

  • Economic Forecasts: The IMF's latest forecast upgrades Australia’s economic growth projection due to the resilient domestic demand supported by government spending and monetary easing.

Detailed Index Data

Our reports and time series data for the Ai Group Australian Industry Index® are available free of charge to Ai Group members at any time via email from our economics research team economics@aigroup.com.au. Our data are available to non-members on an annual subscription basis or a one-off purchase. Our data subscribers receive the report and time series data for the activity index, sector and selected states via email each month.

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Become a member

The Australian Industry Group is the peak membership body for Australian industry, linking you to the insights, services and expertise you need to be successful. As a member of Ai Group, you are part of a powerful, credible and experienced industry community.