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
Oct 2021
51.8
52.0
Oct 2021 prelim.
52.0
51.1
Sep 2021
45.5
44.9
Sep 2021 prelim.
44.9
41.7
Aug 2021
42.9
43.3
Aug 2021 prelim.
43.3
44.0
Jul 2021
44.2
44.2
Jul 2021 prelim.
44.2
56.5
Jun 2021
56.8
56.0
Jun 2021 prelim.
56.0
58.3
May 2021
58.0
58.2
May 2021 prelim.
58.2
58.9
Apr 2021
58.8
58.6
Apr 2021 prelim.
58.6
56.0
Mar 2021
55.5
56.2
Mar 2021 prelim.
56.2
53.8
Feb 2021
53.4
54.1
Feb 2021 prelim.
54.1
55.8
Jan 2021
55.6
55.8
Jan 2021 prelim.
55.8
57.4

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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