Australia Judo Bank Composite PMI
Category:
Composite PMI
Units:
Points
In Australia, the S&P Global Australia Composite PMI Output Index is a GDP-weighted average of the Commonwealth Bank Manufacturing Output Index and the Commonwealth Bank Services Business Activity Index. It tracks changes in business activity in the Australian private sector economy as a whole. A reading above 50 indicates expansion in business activity while below 50 points to contraction.
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A higher than expected figure should be seen as positive (bullish) for the AUD while a lower than expected figure should be seen as negative (bearish) for the AUD.
Source:
S&P Global
Event Details
Impact:
Low
Country:
Symbol:
AUD
Latest Release
Previous:
50.7
Consensus:
50.4
Actual:
50.2
Next Release
Date:
11:00 PM, 4 Aug 2024 (in 8 days)
Time left:
in 8 days
Consensus:
50.2