The S&P Global Composite PMI measures the overall health of the Australian private sector by combining manufacturing and services activity into a single index.
Releases at
00:00
Wednesday, October 28, 2026 at 00:00
This index provides a timely snapshot of business conditions in Australia, reflecting trends in output, new orders, employment, and supplier delivery times.
Central banks and investors watch the Composite PMI to gauge economic momentum and inflationary pressures, which can influence monetary policy decisions and market sentiment.
A rising PMI suggests economic expansion, while a reading below 50 indicates contraction, helping market participants anticipate shifts in growth and risk appetite.
Signals stronger economic growth, often boosting the Australian dollar and equity markets.
Indicates slowing economic activity, which can weigh on the Australian dollar and risk assets.
Markets typically show limited reaction, as the data confirms current economic outlooks.