The S&P Global Flash Australia PMI Composite Output Index was revised upward to 50.2 from 49.9 in the flash reading for December 2024, unchanged from the previous two months. The latest figure marked a third marginal expansion in private sector output, with growth limited to services as manufacturing output shrank. The trends were similar for new orders. However, employment dropped across the private sector, while outstanding business fell further. On prices, both input cost and output cost inflation accelerated. Lastly, business confidence strengthened in both the manufacturing and services sectors. source: S&P Global

Composite PMI in Australia remained unchanged at 50.20 points in December. Composite PMI in Australia averaged 51.69 points from 2016 until 2024, reaching an all time high of 58.90 points in April of 2021 and a record low of 21.70 points in April of 2020. This page provides - Australia Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Composite PMI in Australia remained unchanged at 50.20 points in December. Composite PMI in Australia is expected to be 51.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.



Components Last Previous Unit Reference
S&P Global Manufacturing PMI 47.80 49.40 points Dec 2024
S&P Global Services PMI 50.80 50.50 points Dec 2024

Related Last Previous Unit Reference
NAB Business Confidence -3.00 5.00 points Nov 2024
Passenger Car Sales 14005.00 13621.00 Units Dec 2024
Industrial Production 0.10 -0.30 percent Sep 2024
Industrial Production Mom 0.60 0.10 percent Sep 2024
Ai Group Industry Index -10.80 -28.80 points Nov 2024
Ai Group Services Index -3.50 -24.40 points Nov 2024
Ai Group Manufacturing Index -17.90 -19.70 points Nov 2024
Manufacturing Production -0.60 -0.20 percent Sep 2024
Small Business Sentiment -12.00 -4.00 points Sep 2024

Australia S&P Global Composite PMI
The S&P Global Australia Composite PMI, which is a weighted average of the Manufacturing Output Index and the Services Business Activity Index, is compiled by S&P Global from responses to questionnaires sent to survey panels of manufacturers and service providers in Australia. The index tracks variables such as sales, new orders, employment, inventories and prices; and varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.


News Stream
Australia S&P Global Composite PMI Revised Higher
The S&P Global Australia PMI Composite Output Index was revised upward to 50.2 from 49.9 in the flash reading for December 2024, unchanged from the previous two months. The latest figure marked a third marginal expansion in private sector output, with growth limited to services as manufacturing output shrank. The trends were similar for new orders. However, employment dropped across the private sector, while outstanding business fell further. On prices, both input cost and output cost inflation accelerated. Lastly, business confidence strengthened in both the manufacturing and services sectors.
2025-01-05
Australia Private Sector Slightly Shrinks in December
The S&P Global Flash Australia PMI Composite Output Index fell to 49.9 in December 2024 from 50.2 in November, preliminary data showed. The latest reading was indicative of a slight decline in the Australian private sector, driven by a downturn in manufacturing production. Growth in new orders softened, and export business declined again and at a more pronounced pace than in November. Consequently, there was little pressure on capacity, leading firms to reduce their workforce capacity for the first time since August 2021. On prices, cost pressures intensified in December, with input prices rising faster. However, businesses were reluctant to fully pass on cost increases, resulting in muted selling price inflation. Despite the weaker conditions, optimism rose to its highest level in over two-and-a-half years.
2024-12-16
Australia Private Sector Continues to Expand Marginally
The S&P Global Flash Australia PMI Composite Output Index remained steady at 50.2 in November, unchanged from October, signaling a second consecutive marginal rise in private sector output, which was driven entirely by services. While sectoral trends showed divergence, with new orders following a similar pattern, employment growth was widespread across sectors. Cost pressures eased slightly due to a moderation in goods cost inflation, contributing to the softest pace of average selling price increases in nearly four years. Optimism within the Australian private sector improved notably, reaching its highest level in 30 months as businesses showed increased confidence heading into the final months
2024-12-03