The S&P Global Australia Services PMI Business Activity Index eased to 51.9 in September 2026 from 53.2 in August, but came above the preliminary estimate of 51.4. This marked a fourth straight month of expansion, although growth slowed to its weakest pace in three months as new business increased at the softest rate in the three-month growth sequence. Export business improved, with overseas demand rising for the first time in five months, albeit marginally. Employment fell for the first time since May as firms cited softer new orders and efforts to limit costs, while backlogs increased for a third consecutive month. On prices, input-cost inflation accelerated due to higher fuel, labour and other input expenses, while output price inflation also picked up as firms passed higher costs on to clients. Both measures remained above their respective long-run averages. Business confidence fell to a three-month low, with some firms expressing concerns over the economic outlook and sales. source: S&P Global
Services PMI in Australia decreased to 51.90 points in September from 53.20 points in August of 2026. Services PMI in Australia averaged 51.67 points from 2016 until 2026, reaching an all time high of 58.80 points in April of 2021 and a record low of 19.50 points in April of 2020. This page provides the latest reported value for - Australia Performance Services Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Services PMI in Australia decreased to 51.90 points in September from 53.20 points in August of 2026. Services PMI in Australia is expected to be 51.90 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 Services PMI is projected to trend around 52.60 points in 2027 and 53.00 points in 2028, according to our econometric models.