The S&P Global Services PMI measures the monthly performance of the services sector in Australia based on surveys of business activity, new orders, employment, and prices.
Releases at
00:00
Wednesday, October 28, 2026 at 00:00
This indicator provides a timely snapshot of the health of Australia's services sector, which is a major component of the economy.
Central banks and investors watch the PMI for signs of economic expansion or contraction, as it can influence monetary policy decisions and market sentiment.
Stronger-than-expected readings suggest growth and may lead to expectations of higher interest rates, while weaker readings can signal economic slowdown and potential easing.
Indicates stronger services sector growth, potentially boosting the Australian dollar and equity markets.
Suggests weaker services sector activity, which may weigh on the Australian dollar and risk assets.
Likely limited market reaction as the data confirms current economic outlook.