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
Feb 2020
49.0
48.4
Feb 2020 prelim.
48.4
52.4
Jan 2020
50.6
48.9
Jan 2020 prelim.
48.9
49.5
Dec 2019
49.8
49.5
Dec 2019 prelim.
49.5
49.1
Nov 2019
49.7
49.5
Nov 2019 prelim.
49.5
53.5
Oct 2019
50.1
50.8
Oct 2019 prelim.
50.8
52.2
Sep 2019
52.4
52.5
Sep 2019 prelim.
52.5
45.3
Aug 2019
49.1
49.2
Aug 2019 prelim.
49.2
52.4
Jul 2019
52.3
Jul 2019 prelim.
51.9
Jun 2019
52.6
Jun 2019 prelim.
53.3
May 2019
51.5
May 2019 prelim.
52.3

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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