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

Country: Australia, AUD
Importance:
Medium
Sector: Business
Source: S&P Global
Last release
Actual
50.7
Forecast
48.9
Previous
50.7
Next release
Actual
Coming in 15 days
Forecast
50.4
Previous
50.7
Date (GMT)
Reference
Actual
Forecast
Jun 2023
50.3
50.7
Jun 2023 prelim.
50.7
50.1
May 2023
52.1
51.8
May 2023 prelim.
51.8
48.9
Apr 2023
53.7
52.6
Apr 2023 prelim.
52.6
48.4
Mar 2023
48.6
48.2
Mar 2023 prelim.
48.2
49.9
Feb 2023
50.7
49.2
Feb 2023 prelim.
49.2
48.4
Jan 2023
48.6
48.3
Jan 2023 prelim.
48.3
49.7
Dec 2022
47.3
46.9
Dec 2022 prelim.
46.9
49.7
Nov 2022
47.6
47.2
Nov 2022 prelim.
47.2
49.1
Oct 2022
49.3
49.0
Oct 2022 prelim.
49.0
50.5
Sep 2022
50.6
50.4
Sep 2022 prelim.
50.4
47.7

Commonwealth Bank Services PMI informs of changes in business doing conditions in Australian service sector. The indicator is calculated monthly based on the survey of the service industry company managers about the sales, amount of orders in the industry, employment and forecasts. PMI is one of the indicators measuring the confidence of large businesses in the country's economic development. The indicator growth can have a positive effect on Australian dollar quotes.

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