Australia’s S&P Global Australia Composite PMI rose to 50.4 in April 2026, better than initial estimates of 50.1, signaling a slight return to growth following a first reduction for a year-and-a-half in the previous month at 46.6. The increase in output reflected growth in services business activity, climbing to 50.7 as sustained job creation supported output, while manufacturing production declined for a third straight month amid supply disruptions and weaker demand. New orders fell for a second consecutive month, reflecting uncertainty and rising fuel costs linked to the Middle East conflict, though services exports showed slight growth. Inflationary pressures intensified sharply, with input costs surging to multi-year highs, prompting firms to raise selling prices. Employment rose overall, supported by services hiring, but manufacturing firms cut jobs. Meanwhile, business confidence weakened to its lowest in nearly two years, as concerns over costs and demand persisted. source: S&P Global

Composite PMI in Australia increased to 50.40 points in April from 46.60 points in March of 2026. Composite PMI in Australia averaged 51.71 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 50.40 points in April from 46.60 points in March of 2026. Composite PMI in Australia is expected to be 49.10 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 51.30 49.80 points Apr 2026
S&P Global Services PMI 50.70 46.30 points Apr 2026

Related Last Previous Unit Reference
NAB Business Confidence -29.00 0.00 points Mar 2026
Passenger Car Sales 11005.00 13101.00 Units Apr 2026
Industrial Production 2.70 0.10 percent Dec 2025
Industrial Production Mom 1.60 -0.20 percent Dec 2025
Ai Group Industry Index -24.40 -34.20 points Apr 2026
Ai Group Services Index -24.40 -23.60 points Apr 2026
Ai Group Manufacturing Index -27.90 -28.60 points Apr 2026
Manufacturing Production 1.10 -1.90 percent Dec 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 Private Sector Recovers Slightly in April
Australia’s S&P Global Australia Composite PMI rose to 50.4 in April 2026, better than initial estimates of 50.1, signaling a slight return to growth following a first reduction for a year-and-a-half in the previous month at 46.6. The increase in output reflected growth in services business activity, climbing to 50.7 as sustained job creation supported output, while manufacturing production declined for a third straight month amid supply disruptions and weaker demand. New orders fell for a second consecutive month, reflecting uncertainty and rising fuel costs linked to the Middle East conflict, though services exports showed slight growth. Inflationary pressures intensified sharply, with input costs surging to multi-year highs, prompting firms to raise selling prices. Employment rose overall, supported by services hiring, but manufacturing firms cut jobs. Meanwhile, business confidence weakened to its lowest in nearly two years, as concerns over costs and demand persisted.
2026-05-04
Australia Composite PMI Signals Modest Recovery
Australia’s S&P Global Australia Composite PMI rose to 50.1 in April 2026 from a final 46.6 in March, according to flash data, signaling a marginal return to growth. There was a rebound in services activity while manufacturing output shrank at a steeper rate, as firms grappled with disruptions linked to the Middle East conflict. Export orders continued to grow, but only modestly, helped by sales to North America, Asia, and New Zealand. However, total new business fell for a second straight month amid elevated client uncertainty. Employment growth picked up, allowing firms to make inroads into backlogged work. On the cost side, input price inflation accelerated for a third month, reaching its highest since August 2022, due to rising fuel and shipping costs. Part of this pressure was passed on to customers, with output price inflation reaching a 3-1/2-year high. Finally, business sentiment weakened to its lowest level in nearly 2-1/2 years, reflecting concerns over costs and demand.
2026-04-22
Australia Private Sector Shrinks for First Time in 1½ Years
The S&P Global Australia Composite PMI fell to 46.6 in March, worse than initial estimates of 47, down from 52.4 in February. This marked the first contraction in private sector activity in a year-and-a-half. The decline reflected a renewed and solid reduction in services activity, alongside a slight fall in manufacturing production. Overall new orders and output decreased, while inflationary pressures intensified, with input costs and output prices rising to 39- and 31-month highs, respectively. Despite the slowdown, employment continued to expand as firms maintained staffing levels to manage workloads. Business confidence weakened, falling to its lowest level since July 2024, amid uncertainty over economic conditions and persistent inflationary pressures.
2026-04-07