S&P Global PMIs from Australia for August 2025
August services PMI 55.8, fastest increase in more than 3 years
Composite 55.5
prior 53.8Comments from S&P, in brief:
Services sector growth: Accelerated in mid-Q3 2025. Domestic demand: Stayed strong in August. External demand: Showed a clear recovery. Future outlook: The Future Activity Index pointed to stronger near-term services growth. Jobs: Employment growth picked up in August. Prices: Input costs and output charge inflation remain high but eased since July. Composite PMI: Both manufacturing and services showed broad-based strength in August. GDP outlook: Data supports expectations for positive Q3 GDP growth.-
Earlier this week:
Australian S&P Global Manufacturing PMI (August) 53.0, its highest since September 2022
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