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FX.co ★ Australia Manufacturing PMI at 29-Month High: S&P Global

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typeContent_19130:::2025-03-23T22:14:21

Australia Manufacturing PMI at 29-Month High: S&P Global

The S&P Global Flash Australia Manufacturing PMI climbed to 52.6 in March 2025, up from February's 50.4, marking the most robust expansion in the manufacturing sector since October 2022. The acceleration in new business activity was propelled by enhanced economic conditions and effective business development strategies, which stimulated higher demand. Conversely, export orders saw a decline due to weather-related disruptions and challenging external conditions. Employment witnessed its highest increase in two years; however, input cost pressures grew, and confidence levels saw a slight decrease.

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