FX.co ★ Australia Manufacturing PMI Slightly Revised Down

The final revision for the S&P Global Australia Manufacturing PMI in January 2026 showed a slight decrease to 52.3 from the preliminary estimate of 52.4, although it surpassed December's final figure of 51.6. This reading marks the fastest growth in manufacturing activity since August, bolstered by increased production and new orders, particularly driven by foreign demand. To manage the influx of new work, companies have continued to hire, achieving employment growth at the strongest rate seen in nearly three years. For the third consecutive month, purchasing activity has increased. However, vendor performance has worsened due to transportation delays, port congestion, and material shortages. Input cost inflation has reached a nine-month high due to elevated raw material prices, prompting companies to raise output prices in an effort to transfer costs to customers. Business confidence has surged to its highest in nearly four years, fueled by expectations of sales growth and continued economic expansion.