The Aussie flash PMI is pancaked.

Flash Australia PMI Composite Output Index(1): 50.3 (Dec:50.2). 5-month high.
Flash Australia Services PMI Business Activity Index(2):50.4 (Dec: 50.8). 6-month low.
Flash Australia Manufacturing Output Index(3): 50.0 (Dec:45.8). 26-month high.
Flash Australia Manufacturing PMI(4): 49.8 (Dec: 47.8). 12-month high.
Data were collected 09-22 January 2025.

Business activity in Australia’s private sector rose marginally at the start of 2025, underpinned by rising services activity while manufacturing output stabilised.

Growth in activity was supported by higher new business, although export orders continued to fall in January.

Advertisement

A scarcity of capability stress in the meantime led to employment falling for a second successive month.

Enterprise optimism additionally eased barely at the beginning of the yr.

Advertisement

Reduce the charges in February.