Australia May S&P Global Composite PMI Preliminary

S&P Global announced the Australia May S&P Global Composite PMI Preliminary on 2025-05-21. The reported figure stands at 50.6, with the prior figure recorded as 51.

Regarding the Australia May S&P Global Composite PMI Preliminary, Actual value > Expected value = Positive for Hong Kong dollar, The S&P Global Manufacturing Purchasing Managers' Index (PMI) measures the overall activity in the manufacturing sector and is a key indicator of the overall economy. The index is composed of scores from approximately 400 purchasing managers based on employment, output, new orders, prices, supplier deliveries, and inventories. A reading above 50.0 indicates growth in the manufacturing economy, while a reading below 50.0 indicates decline.

This data holds an importance level of , calculated using The PMI survey tracks the confidence levels of purchasing managers in manufacturing, construction, and/or service companies. The composite confidence index is generally calculated based on survey results regarding production, orders, inventory, employment, prices, and other aspects, and updates Every month.

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