The S&P Global Australia Services PMI Business Activity Index rose to 56.3 in January from 51.1 in December, indicating the sharpest acceleration in service sector expansion in nearly four years, according to final readings. The stronger outturn reflected a surge in services activity and new business growth, with new orders rising at the fastest pace since April 2022 amid improved domestic and overseas demand. Employment increased at a solid and faster pace as firms hired to cope with heavier workloads, though signs of labour constraints persisted and contributed to rising backlogs. Export demand strengthened, leading to a firmer increase in new export business compared with December. Business confidence, however, declined in January amid concerns over the economic outlook and competition. On the cost side, input price inflation eased despite ongoing wage and supply cost pressures, while selling price inflation also softened and fell to a two-month low. source: S&P Global
Services PMI in Australia increased to 56.30 points in January from 51.10 points in December of 2025. Services PMI in Australia averaged 51.71 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 increased to 56.30 points in January from 51.10 points in December of 2025. Services PMI in Australia is expected to be 54.70 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.