Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia S&P Global Services PMI climbed to 49.8 in June 2026
FMPMonthlyReleased July 2026
Australia S&P Global Services PMI climbed to 49.8 in June 2026, released July 2026, up 1.1 from May's 48.7 reading.
Latest Release
49.800000
Actual
—
Consensus
48.700000
Previous
Median Absolute Error
±0.7
across last 12 releases
Last Call
Jun 2026
Predicted: 48.87
Actual: 49.9
Error: -1.03
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/NZD | ▲ Direct | +0.64 | FOREX | Bullish AUD | → View |
| S&P/ASX 200 | ▼ Inverse | −0.31 | INDEX | Bearish S&P | → 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 49.80 in June 2026. The reading rose from the previous value of 48.70. Over the past 12 months, the indicator has averaged 51.68, ranging from 46.60 to 56.30 across 17 releases.
WHY IT MATTERS
The trailing three releases averaged 49.47, up from the prior three at 47.10. Volatility over the past year (σ 2.91) is higher than the prior year (σ 0.38).
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 0.70.
WHAT TO WATCH NEXT
The next release is scheduled for July 23, 2026. Same-country events in the next 14 days include Westpac Consumer Confidence Index (Jul 14) and Westpac Consumer Confidence Change (Jul 14).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
S&P Global Services PMI - AU
Loading chart data...
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 (Jun 2026): actual 49.8. Prior reading (Jun 2026): 49.9. Before that (May 2026): 48.7.
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=0.64) — a useful reference for forex-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - AU Events
| Tuesday, July 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:30 | AU | Westpac Consumer Confidence Index | 80.6 | 82.6 | 78.15 | Medium | |
| 00:30 | AU | Westpac Consumer Confidence Change | -2.9 | 2.5 | -2.85 | High | |
| 01:30 | AU | NAB Business Confidence | -14 | -16 | -27.50 | High | |