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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
AustraliaMarkit Composite PMI climbed to 56.6 in February 2022
Financial Modeling PrepMonthlyReleased March 2022
Markit Composite PMI climbed to 56.6 in February 2022, up 9.9 from January's 46.7 reading. The reading matched the 55.9 consensus. Markit Composite PMI has now risen for 4 consecutive months. Over the past 3 months, Markit Composite PMI averaged 51.54, vs 50.43 in the prior 3-month window. Markit Composite PMI is now the highest in 7 months.
Latest Release
56.6
Actual
55.9
Consensus
46.7
Previous
The March 2022 reading rose from the previous value of 46.7. Historically, this indicator is positively correlated with AUD/USD (Bullish AUD) and positively correlated with AUD/JPY (Bullish AUD).
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Markit Composite PMI - AU
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