Australia Oct PMI Revised Down to 49.6; Inflation Gauge Accelerates To

Australia Oct PMI revised down to 49.6; inflation gauge accelerates to

The S&P Global Australia Manufacturing PMI was revised slightly lower to 49.6 in October 2026 from the preliminary estimate of 49.7, remaining unchanged from September's 21-month low. The reading marked a second consecutive month of sector contraction,

S&P Global: Australian manufacturing contraction continues in October

Australia’s manufacturing sector remained in contraction in October, with declining new orders, rising input costs and worsening supply conditions contributing to another month of reduced production, according to the latest S&P Global Purchasing Managers’ Index (PMI).

Australia PMI Manufacturing Stuck at 49.6 as Demand Weakens and Supply Costs Climb - ActionForex

Australia’s manufacturing sector contracted for a second consecutive month in October, with S&P Global PMI Manufacturing unchanged at 49.6, matching its lowest reading since December 2024. Beneath the steady headline, demand conditions deteriorated further, with new orders falling at their fastest pace since December 2024. Production consequently registered another solid contraction, while manufacturers reduced employment […]

Australia manufacturing downturn continues in October

Australia's manufacturing sector remained in contraction for the second consecutive month in October, with the S&P Global Manufacturing Purchasing Managers' Index (PMI) unchanged at 49.6, accordin...