Australia Services PMI Ticks Higher In September - S&P Global

RTTNews | 954 days ago
Stocktwits
Australia Services PMI Ticks Higher In September - S&P Global

(RTTNews) - The services sector in Australia continued to expand in September, and at a slightly faster pace, the latest survey from S&P Global revealed on Wednesday with a services PMI score of 50.6.

That's up from 50.4 in August, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Total new business also increased in September for the eighth month running. Anecdotal evidence suggested that stronger underlying demand and a continued improvement in COVID-19 related challenges encouraged the uplift in sales. That said, the rate at which order book volumes expanded remained slight overall. Of the firms who registered weaker demand, recent interest rates hikes and inflationary pressures were reported as limiting growth factors.

The survey also showed that the composite index improved to 50.9 from 50.2 in August.

Firms in both the service and manufacturing sector registered stronger expansions in activity. Similarly, composite demand increased in September and at an accelerated pace. Private sector firms mentioned that the sustained easing in COVID-19 related disruptions supported strengthening underlying demand conditions.

Tags: AUD
Stocktwits
read more
Australia NAB Business Confidence Rises, Conditions Fall

Australia NAB Business Confidence Rises, Conditions Fall

Australia business confidence improved in April, while conditions deteriorated due to weaker profitability, survey results from NAB showed on Tuesday. The business confidence index rose to -1 in April from -3 in March but remained negative. Confidence by industry was mixed, with a significant increase in confidence in manufacturing and smaller increases in wholesale, construction, and finance.
RTTNews | 2 days ago
Australia Services PMI Slips In April - S&P Global

Australia Services PMI Slips In April - S&P Global

The services sector in Australia continued to expand in April, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a services PMI score of 51.0.
RTTNews | 11 days ago
Australia Employment Rebounds In Q1

Australia Employment Rebounds In Q1

Australia's employment rebounded in the first quarter and the jobless rate rose only slightly, suggesting that the labor market remained resilient, data from the Australian Bureau of Statistics showed Thursday. The unemployment rate rose to 4.1 percent from downwardly revised 4.0 percent in the December quarter. The rate was expected to advance to 4.2 percent.
RTTNews | 28 days ago
RBA Minutes Say May Meeting Is

RBA Minutes Say May Meeting Is "Opportune" Time To Revisit Policy Setting

Policymakers of the Reserve Bank of Australia said it is important to remain alert to the evolving balance of risks and concluded that the May meeting would be an opportune time to revisit the monetary policy setting, the minutes of the April meeting showed on Tuesday. Members judged that it was not appropriate at this stage for monetary policy to react to the potential risks that could move out
RTTNews | 30 days ago
Australia Westpac Consumer Sentiment At 6-Month Low

Australia Westpac Consumer Sentiment At 6-Month Low

Australia consumer sentiment deteriorated to a six-month low in April on escalating tariff war, survey data from Westpac showed Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index fell to 90.1 in April from 95.9 in March. The 'family finances vs a year ago' sub-index registered a sharp 8.5 percent fall to 70.2 in April.
RTTNews | 37 days ago
Australia Westpac Consumer Sentiment At 6-Month Low

Australia Westpac Consumer Sentiment At 6-Month Low

Australia consumer sentiment deteriorated to a six-month low in April on escalating tariff war, survey data from Westpac showed Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index fell to 90.1 in April from 95.9 in March. The 'family finances vs a year ago' sub-index registered a sharp 8.5 percent fall to 70.2 in April.
RTTNews | 37 days ago
Tools
Economic Calendar
Market Hours
Interest Rates
Holidays Calendar
Forex Market
Forex Volatility
Forex Correlation
Forex News
forex analysis
COT Data
Liquidity
Forex Calculators
Forex Heat Map
Indicators Heatmap
Community
Community
Systems
Most Popular Systems
Strategies
Contests
Forex Charts
Forex Sentiment
Sentiment Indicator
Reviews
Brokers
Prop Trading Firms
VPS Services
Signal Providers
EA Programming Services
Affiliate Programs
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Crypto Exchanges
Trading Courses
Brokers
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions Press Release
Platform
Widgets
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2025 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.