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. A reading above 50 points indicates that the industry activity is generally expanding; below 50, that it is declining.
A higher than expected figure should be seen as positive (bullish) for the AUD while a lower than expected figure should be seen as negative (bearish) for the AUD.