The S&P Global Australia Manufacturing PMI was revised higher to 50.7 in May 2026 from 50.2 in the preliminary estimate, after 51.3 in April. However, the latest reading was still lower than the previous month's level as output contracted for the fourth consecutive month, while new orders fell at the steepest pace since last October, with new export orders also declining solidly. Meanwhile, employment increased for the first time in three months, although job creation was only marginal. Delivery times lengthened to the second-largest degree in 46 months, amid ongoing war in the Middle East. On prices, input cost inflation eased slightly but remained the second-fastest in nearly four years, driven by higher fuel and transportation costs. Meanwhile, output price inflation accelerated to its fastest pace since August 2022. Finally, business sentiment ticked up amid hopes of improvement in new orders over the coming year. source: S&P Global

Manufacturing PMI in Australia decreased to 50.70 points in May from 51.30 points in April of 2026. Manufacturing PMI in Australia averaged 52.61 points from 2016 until 2026, reaching an all time high of 60.40 points in May of 2021 and a record low of 44.00 points in May of 2020. This page provides the latest reported value for - Australia Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufacturing PMI in Australia decreased to 50.70 points in May from 51.30 points in April of 2026. Manufacturing PMI in Australia is expected to be 50.00 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 Manufacturing PMI is projected to trend around 51.50 points in 2027 and 52.00 points in 2028, according to our econometric models.



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Australia S&P Global Manufacturing PMI
The S&P Global Australia Manufacturing PMI is compiled by S&P Global from responses to monthly questionnaires sent to purchasing managers in a panel of around 400 manufacturers. The headline figure is the Purchasing Managers’ Index (PMI), which is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. The index 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 Manufacturing PMI Revised Upward
The S&P Global Australia Manufacturing PMI was revised higher to 50.7 in May 2026 from 50.2 in the preliminary estimate, after 51.3 in April. However, the latest reading was still lower than the previous month's level as output contracted for the fourth consecutive month, while new orders fell at the steepest pace since last October, with new export orders also declining solidly. Meanwhile, employment increased for the first time in three months, although job creation was only marginal. Delivery times lengthened to the second-largest degree in 46 months, amid ongoing war in the Middle East. On prices, input cost inflation eased slightly but remained the second-fastest in nearly four years, driven by higher fuel and transportation costs. Meanwhile, output price inflation accelerated to its fastest pace since August 2022. Finally, business sentiment ticked up amid hopes of improvement in new orders over the coming year.
2026-05-31
Australia Manufacturing Growth Eases in May
The S&P Global Australia Manufacturing PMI declined to 50.2 in May 2026 from 51.3 in April, preliminary data showed. The decline came as output contracted for the fourth consecutive month, while employment also declined. Meanwhile, delivery times lengthened by the second-largest extent in nearly four years due to vessel delays, material shortages, and higher fuel prices amid the ongoing Middle East conflict. Purchasing activity returned to contraction, falling at the sharpest pace in 15 months. On prices, input prices continued to fall, while output prices increased.
2026-05-20
Australia Manufacturing PMI Revised Upward
The S&P Global Australia Manufacturing PMI stood at 51.3 in April 2026, higher than flash data of 51.0 and March's reading of 49.8. However, the latest result largely reflected a substantial lengthening of delivery times due to the war in the Middle East and delays in international freight, rather than stronger underlying demand. Firms lifted purchasing and rebuilt inventories for the first time in seven months, signaling precautionary stockpiling. Meanwhile, output fell at the steepest pace in 16 months, and new orders declined again as exports slipped for the first time in four months. Employment contracted for a second month, with backlogs and finished goods inventories shrinking further. Input costs surged at the fastest rate since March 2022 due to higher fuel prices, while output price inflation accelerated to near-record levels. Lastly, business mood weakened for a third month, hitting its lowest since July 2024 under persistent geopolitical risks and mounting cost pressures.
2026-04-30