The S&P Global Australia Composite PMI rose to 55.7 in January from 51.0 in December, final data showed. The reading marked the sixteenth consecutive month of expansion and signaled the strongest pace of growth in 45 months. Faster growth in both manufacturing output and services activity contributed to the sharp acceleration. In line with this, overall new orders rose at the fastest pace since April 2022, supported by strong demand across sectors. Job creation remained solid, allowing firms to continue addressing rising backlogged orders. Rates of input cost and output price inflation softened from December, pointing to easing price pressures. Despite the stronger activity backdrop, business confidence weakened and fell to the lowest level since October 2024. source: S&P Global

Composite PMI in Australia increased to 55.70 points in January from 51 points in December of 2025. Composite PMI in Australia averaged 51.75 points from 2016 until 2026, 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 increased to 55.70 points in January from 51 points in December of 2025. Composite PMI in Australia is expected to be 54.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia S&P Global Composite PMI is projected to trend around 52.50 points in 2027 and 52.80 points in 2028, according to our econometric models.


Components Last Previous Unit Reference
S&P Global Manufacturing PMI 52.30 51.60 points Jan 2026
S&P Global Services PMI 56.30 51.10 points Jan 2026

Related Last Previous Unit Reference
NAB Business Confidence 3.00 2.00 points Jan 2026
Passenger Car Sales 13365.00 12033.00 Units Jan 2026
Industrial Production -0.20 -0.30 percent Sep 2025
Industrial Production Mom 0.50 6.50 percent Sep 2025
Ai Group Industry Index -12.30 -12.50 points Jan 2026
Ai Group Services Index -13.80 -13.80 points Jan 2026
Ai Group Manufacturing Index -19.40 -18.30 points Jan 2026
Manufacturing Production -1.90 -3.90 percent Sep 2025
Small Business Sentiment -2.00 -8.00 points Sep 2025


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 Private Sector Expands the Most in 45 Months
The S&P Global Australia Composite PMI rose to 55.7 in January from 51.0 in December, final data showed. The reading marked the sixteenth consecutive month of expansion and signaled the strongest pace of growth in 45 months. Faster growth in both manufacturing output and services activity contributed to the sharp acceleration. In line with this, overall new orders rose at the fastest pace since April 2022, supported by strong demand across sectors. Job creation remained solid, allowing firms to continue addressing rising backlogged orders. Rates of input cost and output price inflation softened from December, pointing to easing price pressures. Despite the stronger activity backdrop, business confidence weakened and fell to the lowest level since October 2024.
2026-02-03
Australia Private Sector Seen Expanding for 16th Month
The S&P Global Flash Australia Composite PMI rose to 55.5 in January from 51.0 in December, signaling expansion for a sixteenth month and hitting its joint-highest level since April 2022 matched by August 2025. Services activity accelerated with the Services Business Activity Index at 56.0 versus 51.1, while the Manufacturing PMI rose to 52.4 from 51.6 as goods and services new business both increased, with renewed overseas new orders for manufactured goods helping to drive the fastest expansion in overall new export orders in three-and-a-half years. Business sentiment remained positive and employment continued to rise as firms hired to manage workloads, although the overall rate of jobs growth softened versus December and outstanding workloads rose marginally for the first time in nine months. Input cost inflation and selling price inflation softened from December, though rising manufacturing input prices were flagged as a risk for inflation to intensify again.
2026-01-22
Australia's Private sector Shows Slower Growth in December
The S&P Global Australia Composite PMI fell to 51 in December from 52.6 in November, final data showed. fell to 51 in December from 52.6 in November, final data showed. The reading marked the fifteenth consecutive month of expansion, though the pace of growth was the softest in seven months. Slower growth in both manufacturing production and services activity contributed to the moderation. In contrast, overall new orders rose at a faster pace, supported largely by a stronger upturn in the service sector. Job creation accelerated, enabling firms to reduce backlogged orders once again. Rates of input cost and output price inflation were slightly higher than in November, reflecting ongoing price pressures. Despite the moderation, business confidence improved, underpinning optimism for continued growth into the new year.
2026-01-05