Australia AUD

Australia S&P Global Manufacturing PMI Flash

Info

History

Chart

Impact:

Medium

Source: S&P Global

Latest Release:

Date:

Actual:

Forecast: 50.4

Previous/Revision:

Period: Jul

Next Release:

Date:

Forecast: 51.5

Period: Aug

What Does It Measure?

The Australia S&P Global Manufacturing PMI Flash measures the health of the manufacturing sector in Australia, focusing on areas such as production levels, new orders, delivery times, employment, and inventory levels. It is a diffusion index where a value above 50 signifies expansion in the manufacturing activity, while a value below 50 indicates contraction, serving as a national indicator of economic performance and sentiment.

Frequency

The PMI Flash report is released monthly as a preliminary estimate, typically on the first business day after the month-end.

Why Do Traders Care?

Traders monitor the PMI Flash closely as it provides a timely snapshot of the manufacturing sector, which can significantly impact financial markets. A stronger-than-expected PMI can lead to bullish sentiments for the Australian dollar (AUD) and equities, whereas a weaker PMI may trigger bearish reactions among currencies and stocks.

What Is It Derived From?

The index is derived from survey data collected from a significant number of purchasing managers within the manufacturing sector across Australia. Respondents answer a series of questions about business conditions, which are then weighted to create the overall PMI score based on factors such as new orders and production levels.

Description

The manufacturing PMI Flash is a crucial leading indicator of economic activity that reflects the current state of the manufacturing sector in Australia. It is particularly important as it captures real-time data before final results are available, thus offering insights into potential economic trends and shifts in demand.

Additional Notes

The PMI is considered a leading economic indicator, often forecasting subsequent economic activity. It relates to other indicators such as industrial production and employment, providing a comprehensive understanding of economic trends in Australia as well as in comparison to global manufacturing performance.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for AUD, Bullish for Stocks. Lower than expected: Bearish for AUD, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Time	Actual	Forecast	Previous	Surprise
Jul 23, 2025			50.4
Jun 22, 2025			50.5
May 21, 2025			51.4
Apr 22, 2025			49
Mar 23, 2025			50.7