FX.co ★ Australia Manufacturing PMI at Near 3-Year High

The S&P Global Australia Manufacturing PMI advanced to 53 in August 2025, up from 51.3 in July, achieving its most rapid growth since September 2022 and maintaining its position above the 50-mark for the eighth consecutive month. Production experienced a robust increase driven by stronger new orders, while export demand returned to growth for the first time since May, albeit modestly. In response to the increased workload, manufacturers expanded hiring in both full-time and part-time capacities and enhanced their purchasing activities, resulting in elevated inventory levels. Business confidence soared to its highest point since February 2022, bolstered by forecasts of new product introductions, enhanced marketing efforts, and improving economic conditions. Meanwhile, price pressures remained at historically low levels.