S&P Global announced the Australia May S&P Global Services PMI Preliminary on 2025-05-21. The reported figure stands at 50.5, with the prior figure recorded as 51.
Regarding the Australia May S&P Global Services PMI Preliminary, Actual value > Expected value = Positive for Hong Kong Dollar, If the index is above 50.0, it indicates growth in the manufacturing economy, while below 50.0 indicates contraction.
This data holds an importance level of , calculated using The PMI survey tracks the confidence levels of purchasing managers in the manufacturing, construction, and/or service sectors. The composite confidence index is generally calculated based on survey results related to production, orders, inventory, employment, prices, and other factors, and updates monthly.
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