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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia PMI fell to 50.6 in February 2025
FMPMonthlyReleased March 2025
Australia PMI fell to 50.6 in February 2025, released March 2025, down 0.5 from January's 51.1 reading. The reading matched the 51.2 consensus.
Latest Release
50.6
Actual
51.2
Consensus
51.1
Previous
Median Absolute Error
±0.8
across last 3 releases
Last Call
Mar 2025
Predicted: 51.55
Actual: 50.6
Error: +0.95
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| AUD/USD | ▲ Direct | +0.55 | FOREX | Bullish AUD | → View |
| AUD/JPY | ▲ Direct | +0.45 | FOREX | Bullish AUD | → View |
| AUD/NZD | ▲ Direct | +0.40 | FOREX | Bullish AUD | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| NZD/USD | ▲ Direct | +0.35 | FOREX | Bullish NZD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
PMI (Australia) was reported at 50.60 in March 2025. This missed the market consensus of 51.20 by 0.60. The reading fell from the previous value of 51.10.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with AUD/USD (Bullish AUD). A secondary relationship exists with AUD/JPY, positively correlated (Bullish AUD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Construction Work Done QoQ (May 27) and Inflation Rate YoY (May 27).
Auto-generated from current model state · Refreshes on each release · Last update March 2025.
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PMI - AU
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About PMI — Australia
DEFINITION
PMI, or Purchasing Managers' Index, is a widely used economic indicator that measures the health of a country's manufacturing sector. It is based on a monthly survey of purchasing managers from various industries, and provides valuable insights into the overall economic activity and future trends. A PMI reading above 50 indicates expansion in the manufacturing sector, while a reading below 50 suggests contraction. This indicator is closely monitored by investors, businesses, and policymakers as it can help inform decisions related to investments, production, and economic policies.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Feb 2025): actual 50.6, consensus 51.2. Prior reading (Feb 2025): 51.2. Before that (Jan 2025): 51.1.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. Current dynamics are the primary tailwind in the projection. This indicator correlates most strongly with AUD/USD (Bullish AUD, r=0.55) — a useful reference for forex-focused traders.