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.
S&P Global Australia Services Purchasing Managers Index (PMI)
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
Previous
Apr 2019
50.1
—
50.5
Apr 2019 prelim.
50.5
—
49.5
Mar 2019
49.5
—
49.8
Mar 2019 prelim.
49.8
—
51.0
Feb 2019
51.0
—
49.3
Feb 2019 prelim.
49.3
—
51.0
Jan 2019
51.0
—
51.0
Jan 2019 prelim.
51.0
—
52.7
Dec 2018
52.7
—
52.2
Dec 2018 prelim.
52.2
—
—