The S&P Global Flash Australia Services PMI Business Activity Index was revised higher to a six-month high of 53.6 in July 2026 from the initial estimate of 53.0 and after a final reading of 50.5 in the previous month. The latest reading marked a second consecutive month of growth, led by the real estate & business services and information & communication sectors, while transport & storage remained weak. Growth was supported by the first increase in new orders in five months, although export demand continued to decline. Employment rose for a second straight month at a solid pace, while backlogs of work increased for the first time in five months. On prices, input cost inflation eased to a five-month low despite higher fuel and wage costs, but firms raised selling prices at a faster pace to protect margins. Meanwhile, business confidence rebounded to its highest level since February, though companies remained cautious over persistent inflationary pressures and geopolitical uncertainty. source: S&P Global
Services PMI in Australia increased to 53.60 points in July from 50.50 points in June of 2026. Services PMI in Australia averaged 51.65 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 53.60 points in July from 50.50 points in June of 2026. Services PMI in Australia is expected to be 52.50 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.