AUD Flash Services PMI
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;
Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Oct 2018, is the earliest and thus tends to have the most impact. The Final is not included for lack of significance;
- AUD Flash Services PMI Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jun 20, 2024 | 51.0 | 52.5 | |
May 22, 2024 | 53.1 | 53.6 | |
Apr 22, 2024 | 54.2 | 54.4 | |
Mar 20, 2024 | 53.5 | 53.1 | |
Feb 21, 2024 | 52.8 | 49.1 | |
Jan 23, 2024 | 47.9 | 47.1 | |
Dec 14, 2023 | 47.6 | 46.0 | |
Nov 22, 2023 | 46.3 | 47.9 |
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- AUD Flash Services PMI News
- From pmi.spglobal.com|Jun 20, 2024
Australia’s private sector activity expansion sustained in June, but remained services-driven. Firms worked through their backlogs amid a reduction in new business, supported by higher staffing levels. Selling price inflation meanwhile eased in June amid softer cost pressures and a drop in confidence levels. The Judo Bank Flash Australia Composite PMI® Output Index* posted 50.6 in June, down from 52.1 in May. The latest reading signalled that private sector activity expanded for a fifth straight month, but at a slower and only ...
- From pmi.spglobal.com|May 22, 2024
Australia’s private sector activity expansion sustained midway into the second quarter of 2024, supported again mainly by services activity growth. Incoming new business rose at the fastest pace since June 2022, leading to faster job creation in the private sector. Price pressures intensified for Australian firms, however, affecting business sentiment in May. The Judo Bank Flash Australia Composite PMI® Output Index* posted 52.6 in May, down from 53.0 in April. The latest reading signalled that private sector activity expanded for a ...
- From pmi.spglobal.com|Apr 22, 2024
Australia’s private sector activity expansion accelerated at the start of the second quarter, supported primarily by service sector growth. Higher new business inflows underpinned rises in business activity and employment, while firms remained optimistic regarding future output. On prices, the rate at which output prices rose eased in April despite higher input cost inflation. The Judo Bank Flash Australia Composite PMI® Output Index* posted 53.6 in April, up from 53.3 in March. The latest reading signalled that private sector ...
- From pmi.spglobal.com|Mar 20, 2024
Australia’s private sector activity expansion was sustained in March, albeit limited to the service sector. Higher incoming new business drove growth of business activity and employment. This was while price pressures declined with lower rates of input cost and output price inflation recorded in March. Overall sentiment rose to the joint-highest in seven months. The Judo Bank Flash Australia Composite PMI® Output Index* posted 52.4 in March, up from 52.1 in February. The latest reading signalled that private sector activity expanded ...
- From fxempire.com|Feb 21, 2024
The AUD/USD gained 0.05% on Wednesday, closing the session at $0.65517. On Thursday, Australian private sector PMIs garnered interest in the early hours. US services PMI, jobless claims, and Fed speakers will also warrant investor attention amidst increasing monetary policy uncertainty. Wednesday Overview of the AUD/USD The AUD/USD rose by 0.05% on Wednesday. Following a 0.16% gain on Tuesday, the Australian dollar ended the session at $0.65517. The Australian dollar rose to a high of $0.65732 before falling to a Wednesday low of ...
- From pmi.spglobal.com|Feb 21, 2024
Australia’s private sector activity improved midway into the first quarter, though growth was driven solely by the service sector. Higher new business supported the expansions in output and employment. Concurrently, inflation rose as both average input costs and output prices increased at faster rates. Overall sentiment remained positive, though the level of optimism eased to a three-month low. The Judo Bank Flash Australia Composite PMI® Output Index* posted 51.8 in February, up from 49.0 in January. The latest reading signalled ...
- From pmi.spglobal.com|Jan 23, 2024
Australia’s private sector activity continued to decline at the start of 2024. That said, the pace of reduction eased alongside a slower fall in new business. This was amidst improvements in business sentiment while employment levels also continued to rise. Selling price inflation notably eased to a 34-month low in January. The Judo Bank Flash Australia Composite PMI® Output Index* posted 48.1 in January, up from 46.9 in December. This signalled a fourth consecutive month of business activity decline, though at the slowest pace in ...
- From pmi.spglobal.com|Dec 14, 2023
Australia’s private sector activity contracted again at the end of 2023 as demand conditions, including foreign demand, remained under pressure due to the current economic backdrop. Input cost inflation eased, but firms raised their charges at a faster rate. Overall employment continued to grow, while optimism improved from November. The Judo Bank Flash Australia Composite PMI® Output Index* posted 47.4 in December, up from 46.2 in November. This signalled a third successive month of business activity decline, though one that was ...
Released on Jun 20, 2024 |
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Released on May 22, 2024 |
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Released on Apr 22, 2024 |
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Released on Mar 20, 2024 |
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Released on Feb 21, 2024 |
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Released on Jan 23, 2024 |
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Released on Dec 14, 2023 |
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