The Ai Group Australian Performance of Services Index (PSI) is a leading indicator of the economic health of the Australian services sector. It provides a monthly measure of business conditions, including sales, employment, and new orders across various service industries. Since the services sector represents the largest part of the Australian economy, this index is a critical gauge of overall domestic demand.
The index is based on a survey of several hundred service sector companies. A diffusion index is used where a reading above 50 indicates growth compared to the previous month, and a reading below 50 indicates a decline.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Dec 6, 2022 | 45.60 | 48.60 | -3.00 |
| Nov 7, 2022 | 47.70 | 47.50 | +0.20 |
| Oct 9, 2022 | 48.00 | 52.90 | -4.90 |
| Sep 6, 2022 | 53.30 | 50.20 | +3.10 |
| Aug 4, 2022 | 51.70 | 48.00 | +3.70 |
| Jul 6, 2022 | 48.80 | 50.10 | -1.30 |
| Jun 6, 2022 | 49.20 | 57.00 | -7.80 |
| May 5, 2022 | 57.80 | — | — |
| Apr 6, 2022 | 56.20 | 60.20 | -4.00 |
| Mar 6, 2022 | 60.00 | 57.00 | +3.00 |
| Feb 6, 2022 | 56.20 | 46.00 | +10.20 |
| Dec 6, 2021 | 49.60 | 53.00 | -3.40 |
| Nov 4, 2021 | 47.60 | 52.00 | -4.40 |
| Oct 6, 2021 | 45.70 | 49.80 | -4.10 |
| Sep 6, 2021 | 45.60 | 53.00 | -7.40 |
