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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia S&P Global Services PMI climbed to 53 Points in June 2026
FMPMonthlyReleased July 2026
Australia S&P Global Services PMI climbed to 53 Points in June 2026, released July 2026, up 2.5 Points from May's 50.5 Points reading. The print exceeded the 50.2 Points consensus by 2.8 Points.
Latest Release
53.000000
Actual
50.200000
Consensus
50.500000
Previous
Median Absolute Error
±0.96
across last 12 releases
Last Call
Jul 2026
Predicted: 50.15
Actual: 53
Error: -2.85
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 | +0.66 | FOREX | Moves with | → View |
| S&P/ASX 200 | ▼ Inverse | −0.31 | 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 53.00 Points in June 2026. This beat the market consensus of 50.20 Points by 2.80 Points. The reading rose from the previous value of 50.50 Points. Over the past 12 months, the indicator has averaged 51.64 Points, ranging from 46.60 Points to 56.30 Points across 17 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 50.90 Points, up from the prior three at 47.80 Points. Volatility over the past year (σ 2.88 Points) is higher than the prior year (σ 0.97 Points). In July readings over the past 3 years, S&P Global Services PMI has averaged 52.20 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 0.96 Points.
WHAT TO WATCH NEXT
The next release is scheduled for August 20, 2026. Same-country events in the next 14 days include CFTC AUD speculative net positions (Jul 31) and Ai Group Industry Index (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update July 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 (Jul 2026): actual 53 Points, consensus 50.2 Points. Prior reading (Jun 2026): 49.8 Points. Before that (Jun 2026): 49.9 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=0.66) — a useful reference for forex-focused traders.
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Economic Calendar - AU Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:30 | AU | Building Permits MoM | 7.2 | -1.6 | -1 | 0.90 | Medium |
| 01:30 | AU | Import Price Index QoQ | 5.7 | 0.1 | 0 | 2.85 | Low |
| 01:30 | AU | Building Permits YoY | 8.9 | 5.5 | -0.1 | 1.10 | Low |
| 01:30 | AU | Import Prices QoQ | 5.7 | 0.1 | 0 | 2.85 | Low |
| 01:30 | AU | Private House Approvals MoM | 0.4 | 2.8 | -1 | -0.38 | Low |
| 01:30 | AU | Export Prices QoQ | 1.1 | 0.5 | 0.5 | 0.80 | Low |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 01:30 | AU | Housing Credit MoM | 0.6 | 0.6 | 0.5 | 0.55 | Low |
| 01:30 | AU | Producer Price Index YoY | 3.6 | 3 | 2.5 | 2.50 | Low |
| 01:30 | AU | Producer Price Index QoQ | 1.3 | 0.4 | 0.3 | 0.42 | Medium |
| 01:30 | AU | Private Sector Credit MoM | 0.8 | 0.7 | 0.6 | 0.70 | Low |
| 01:30 | AU | Private Sector Credit YoY | 8.5 | 8.2 | 8.2 | 8.35 | Low |