The Australian Industry Group Index (Australian PMI) fell 5.6 points in September to 54.2 points (seasonally adjusted), indicating a deceleration in growth after August's spike to a recent high of 59.8 points. Results above 50 points indicate expansion with higher results indicating a stronger expansion.

September marked a twelfth consecutive month of expansion for the Australian PMI and the longest run of expansion since 2007 in the seasonally adjusted series. In trend terms, growth is continuing but looks to have decelerated through the September quarter