Australia: Business confidence survey

(measure: points, source: Reserve Bank of Australia)
* indicates monthly or quarterly data series

Business confidence survey in Australia, July, 2019: For that indicator, Reserve Bank of Australia provides data for Australia from 2014 to 2019. The average value for Australia during that period was 5.65 points with a minumum of -0.1 points in March 2019 and a maximum of 13 points in April 2017. Click on the following link to see the values of Business confidence survey around the world.
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Measure: points
Source: Reserve Bank of Australia

Definition: The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.
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