S&P Global Australia Composite Purchasing Managers Index (PMI)

Country: Australia, AUD
Importance:
Medium
Sector: Business
Source: S&P Global
Last release
Actual
48.7
Forecast
Previous
50.4
Next release
Actual
Coming in 15 days
Forecast
Previous
48.7
Date (GMT)
Reference
Actual
Forecast
Jun 2023
50.1
Jun 2023 prelim.
50.5
May 2023
51.6
May 2023 prelim.
51.2
Apr 2023
53.0
Apr 2023 prelim.
52.2
Mar 2023
48.5
Mar 2023 prelim.
48.1
Feb 2023
50.6
Feb 2023 prelim.
49.2
Jan 2023
48.5
Jan 2023 prelim.
48.2
Dec 2022
47.5
Dec 2022 prelim.
47.3
Nov 2022
48.0
Nov 2022 prelim.
47.7
Oct 2022
49.8
Oct 2022 prelim.
49.6
Sep 2022
50.9
Sep 2022 prelim.
50.8

Commonwealth Bank Composite PMI is a monthly summary report concerning the changes in the working conditions of private companies in the manufacturing and service sectors. The indicator calculation is based on the surveys of representatives of a number of companies. Each response is weighted according to the size of a company and its contribution to the total production or services of the subsector it belongs to. Thus, the largest companies make a greater contribution to the indicator calculation. The index reflects the conditions of doing business in the country. Readings above 50 can have a positive effect on Australian dollar quotes.

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