Australia capacity utilization

Australia’s capacity utilization decreased to 82.74 by -1.0% on October 2023 from 83.59 in the previous month. On a year on year basis Australia’s capacity utilization decreased by -3.0%. Australia’s capacity utilization trend is down since the current value of 82.74 is lower than the 12 month moving average of 84.44. and the 12 month moving average slope is down.Australia’s capacity utilization 1-year percentile is currently at 17.0 5-year percentile is currently at 15.0%. MacroVar monitors the factors of Momentum, Trend for Australia capacity utilization.
A detailed analysis can be found here