Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia S&P Global Services PMI Flash fell to 52.2 in January 2026
FMPMonthlyReleased February 2026
Australia S&P Global Services PMI Flash fell to 52.2 in January 2026, released February 2026, down 4.1 from December's 56.3 reading. The reading missed the 55.5 consensus by 3.3.
Latest Release
52.200000
Actual
55.500000
Consensus
56.300000
Previous
Median Absolute Error
±1
across last 5 releases
Last Call
Feb 2026
Predicted: 54.5
Actual: 52.2
Error: +2.3
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
S&P Global Services PMI Flash (Australia) was reported at 52.20 in January 2026. This missed the market consensus of 55.50 by 3.30. The reading fell from the previous value of 56.30. This is classified as a medium-impact indicator released on a monthly basis.
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 Interest Rate Decision (Jun 16) and RBA Rate Statement (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update February 2026.
SHARE
S&P Global Services PMI Flash - AU
Loading chart data...
About S&P Global Services PMI Flash — Australia
DEFINITION
Australia’s S&P Global Services PMI Flash fell to 52.2 in January 2026, missing the 55.5 estimate and down sharply from December’s 56.3. The decline marks the steepest month-over-month drop since late 2025, signaling slower expansion in the services sector but remaining above the 50.0 growth threshold. Market reaction included a softer AUD and cautious positioning ahead of February data and Reserve Bank of Australia policy decisions. Updated 2/19/26
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 (Feb 2026): actual 52.2, consensus 55.5. Prior reading (Dec 2025): 51. Before that (Nov 2025): 52.7.
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 bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with AUD/USD (Bullish AUD, r=0.55) — a useful reference for forex-focused traders.