FX.co ★ Australia Private Sector Expands for Ninth Straight Month

The S&P Global Flash Australia Composite PMI increased to 51.2 in June 2025, up from 50.5 in May. This marks the ninth successive month of growth within the private sector and the second-quickest expansion pace in the last ten months. The growth was driven by a strong influx of new business, although export orders saw a significant decline. Halfway through the year, business sentiment improved, and employment levels continued their upward trend. In terms of pricing, both input costs and output price inflation moderated in June. Notably, the output price inflation rate dropped to its lowest point in over four and a half years, indicating a reduction in price pressures as the second quarter concluded. Jingyi Pan, Economics Associate Director, commented: "Early data from the S&P Global Flash Australia PMI shows a faster acceleration in business activity growth in June, spurred by increased services activity and a resurgence in manufacturing production. Forward-looking indicators suggest further output growth is on the horizon."