Australia Factory Growth Rises to 5-Month High

2026-06-30 23:08 By Joshua Ferrer 1 min. read

The S&P Global Australia Manufacturing PMI was revised higher to 51.5 in June 2026 from initial estimates of 51.2 and up from 50.7 in May.

This also marked the highest level since January and a third consecutive month of manufacturing growth.

Despite the stronger headline reading, factory output declined for a fifth straight month due to weak demand and rising prices, while new orders also fell for a fourth consecutive month, although at the slowest pace in the current downturn.

Export orders returned to growth after two months of decline.

Employment increased for a second straight month as firms hired staff for future projects, while suppliers' delivery times lengthened sharply amid ongoing disruptions linked to the Middle East conflict.

Input and output price inflation eased significantly from May but remained elevated due to higher fuel, freight, and raw material costs.

Business confidence climbed to a four-month high on hopes of stronger demand and improved geopolitical conditions.



News Stream
Australia Factory Growth Rises to 5-Month High
The S&P Global Australia Manufacturing PMI was revised higher to 51.5 in June 2026 from initial estimates of 51.2 and up from 50.7 in May. This also marked the highest level since January and a third consecutive month of manufacturing growth. Despite the stronger headline reading, factory output declined for a fifth straight month due to weak demand and rising prices, while new orders also fell for a fourth consecutive month, although at the slowest pace in the current downturn. Export orders returned to growth after two months of decline. Employment increased for a second straight month as firms hired staff for future projects, while suppliers' delivery times lengthened sharply amid ongoing disruptions linked to the Middle East conflict. Input and output price inflation eased significantly from May but remained elevated due to higher fuel, freight, and raw material costs. Business confidence climbed to a four-month high on hopes of stronger demand and improved geopolitical conditions.
2026-06-30
Australia Factory Growth Picks Up in June
The S&P Global Australia Manufacturing PMI increased to 51.2 in June 2026 from 50.7 in the previous month, preliminary estimates showed. It was the third consecutive month of expansion, supported by modest rises in employment. However, production continued to decline slightly, with the pace of contraction little changed from the previous month, while new orders also fell. Delivery times lengthened as some suppliers consolidated deliveries to reduce shipping costs. On the pricing front, input prices rose due to higher fuel and transportation costs, while output prices also increased, though inflation eased compared to the previous month. Looking ahead, business sentiment strengthened, supported by expansion plans and optimism about future new orders.
2026-06-22
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