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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia S&P Global Services PMI fell to 53.2 Points in August 2026
FMPMonthlyReleased September 2026
Australia S&P Global Services PMI fell to 53.2 Points in August 2026, released September 2026, down 0.4 Points from July's 53.6 Points reading. The reading matched the 52.9 Points consensus.
Latest Release
53.200000
Actual
52.900000
Consensus
53.600000
Previous
Median Absolute Error
±0.76
across last 12 releases
Last Call
Sep 2026
Predicted: 53.49
Actual: 53.2
Error: +0.29
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| AUD/NZD | ▲ Direct | +0.59 | FOREX | Moves with | → View |
| S&P/ASX 200 | ▼ Inverse | −0.33 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global Services PMI (Australia) was reported at 53.20 Points in August 2026. This beat the market consensus of 52.90 Points by 0.30 Points. The reading fell from the previous value of 53.60 Points. Over the past 12 months, the indicator has averaged 51.32 Points, ranging from 46.60 Points to 56.30 Points across 17 releases.
WHY IT MATTERS
The trailing three releases averaged 53.23 Points, up from the prior three at 50.90 Points. Volatility over the past year (σ 2.57 Points) is higher than the prior year (σ 1.83 Points).
THE MODEL'S TAKE
Historically, this indicator is positively correlated with AUD/NZD (Bullish AUD). A secondary relationship exists with S&P/ASX 200, negatively correlated (Bearish S&P). Over the last 12 releases, the Sigmacast model's median absolute error is 0.76 Points.
WHAT TO WATCH NEXT
The next release is scheduled for September 22, 2026. Same-country events in the next 14 days include CFTC AUD speculative net positions (Sep 18) and RBA Hunter Speech (Sep 21).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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S&P Global Services PMI - AU
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About S&P Global Services PMI — Australia
DEFINITION
The S&P Global Services PMI is a widely recognized financial indicator that measures the performance of the global services sector. It provides valuable insights into the health and growth of the services industry, which accounts for a significant portion of the global economy. This indicator is based on a monthly survey of purchasing managers in key service sectors, providing timely and reliable data on business activity, new orders, employment, and prices. The S&P Global Services PMI is a crucial tool for investors, businesses, and policymakers in making informed decisions and assessing the overall economic outlook.
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. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 53.2 Points, consensus 52.9 Points. Prior reading (Aug 2026): 52.9 Points. Before that (Jul 2026): 53.6 Points.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with AUD/NZD (Bullish AUD, r=0.59) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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Economic Calendar - AU Events
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:00 | AU | Westpac Leading Index MoM | 0 | 0.2 | 0.25 | Low | |
| 01:00 | AU | Leading Index MoM | 0 | 0.2 | 0.20 | Low | |