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FX.co ★ Australian Services Sector Shows Steady Growth in November

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typeContent_19130:::2025-12-02T22:00:00

Australian Services Sector Shows Steady Growth in November

Despite global economic uncertainties, Australia's services sector has shown resilience, as evidenced by the latest data on the Judo Bank Services Purchasing Managers' Index (PMI). In November 2025, the PMI recorded a slight uptick, moving from 52.5, its previous position, to a new high of 52.8.

This marginal increase suggests a steady expansion within the services industry, as a PMI above 50 typically indicates growth. The latest figure reflects improving market conditions in Australia and demonstrates positive momentum within sectors such as IT, healthcare, and professional services. The data, updated on 02 December 2025, underscores the potential for sustained economic optimism in the region as it heads towards the close of the year.

Economists note that while the increase is modest, it indicates ongoing business activity despite inflationary pressures and complex global dynamics. This upswing in the services PMI provides a constructive outlook for Australia's service providers and points towards improved business confidence and consumer spending in the weeks ahead.

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