S&P Global Services PMI

The PMI service released by both the Commonwealth Bank of Australia and the Markit Economics is an indicator of the economic situation in the Australian services sector. It captures an overview of the condition of sales and employment. Traders want the highest possible reading as that will be taken as positive for the AUD. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

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Most recent - Thursday 20 February 2025 22:00

51.2

Revised

Forecast

Actual

51.4

Next event - Tuesday 4 March 2025 22:00

Forecast

Actual

The typical/expected impact on AUD pairs is medium.

There is no forecast value for S&P Global Services PMI yet - check back for updates.

Trading range

Forecast history

The most recent announced value for S&P Global Services PMI was 51.4.

Past events

Date

Forecast

Actual

Thursday 20 February 2025 22:00

51.4

Tuesday 4 February 2025 22:00

50.4

51.2

Thursday 23 January 2025 22:00

50.4

Sunday 5 January 2025 22:00

50.8

Sunday 15 December 2024 22:00

50.4

Tuesday 3 December 2024 22:00

49.6

50.5

Thursday 21 November 2024 22:00

49.6

Monday 4 November 2024 22:00

50.6

Wednesday 23 October 2024 22:00

50.6

Wednesday 2 October 2024 23:00

50.6

50.5

Sunday 22 September 2024 23:00

50.6

Tuesday 3 September 2024 23:00

52.2

52.5

Wednesday 21 August 2024 23:00

52.2

Sunday 4 August 2024 23:00

50.8

50.4

Tuesday 23 July 2024 23:00

50.8

Tuesday 2 July 2024 23:00

50.6

51.2

Thursday 20 June 2024 23:00

Tuesday 4 June 2024 23:00

53.1

52.5

Wednesday 22 May 2024 23:00

53.1

Thursday 2 May 2024 23:00

54.2

53.6

Monday 22 April 2024 23:00

54.2

Wednesday 3 April 2024 22:00

54.4

Wednesday 20 March 2024 22:00

53.5

Monday 4 March 2024 22:00

53.1

Wednesday 21 February 2024 22:00

52.8

Sunday 4 February 2024 22:00

49.1

Tuesday 23 January 2024 22:00

47.9

Wednesday 3 January 2024 22:00

47.6

47.1

Thursday 14 December 2023 22:00

47.6

Monday 4 December 2023 22:00

46.3

Wednesday 22 November 2023 22:00

46.3

Thursday 2 November 2023 22:00

47.6

47.9

Monday 23 October 2023 22:00

47.6

Tuesday 3 October 2023 22:00

50.5

51.8

Thursday 21 September 2023 23:00

50.5

Monday 4 September 2023 23:00

46.7

47.8

Tuesday 22 August 2023 23:00

47.9

46.7

Wednesday 2 August 2023 23:00

47.9

Sunday 23 July 2023 23:00

Tuesday 4 July 2023 23:00

50.7

50.3

Thursday 22 June 2023 23:00

50.1

50.7

Sunday 4 June 2023 23:00

51.8

52.1

Monday 22 May 2023 23:00

48.9

51.8

Tuesday 2 May 2023 23:00

52.6

53.7

Thursday 20 April 2023 23:00

52.6

Tuesday 4 April 2023 23:00

50.7

Thursday 23 March 2023 22:00

49.9

48.2

Thursday 2 March 2023 22:00

49.2

50.7

Monday 20 February 2023 22:00

48.4

49.2

Thursday 2 February 2023 22:00

48.3

48.6

Monday 23 January 2023 22:00

49.7

48.3

Wednesday 4 January 2023 22:00

46.9

47.3

Thursday 15 December 2022 22:00

46.9

Sunday 4 December 2022 22:00

47.2

47.6

Tuesday 22 November 2022 22:00

49.1

47.2

Wednesday 2 November 2022 22:00

49.3

Sunday 23 October 2022 22:00

50.5

Tuesday 4 October 2022 22:00

50.4

50.6

Thursday 22 September 2022 23:00

47.7

50.4

Sunday 4 September 2022 23:00

49.6

50.2

Monday 22 August 2022 23:00

49.6

Tuesday 2 August 2022 23:00

50.4

50.9

Thursday 21 July 2022 23:00

50.4

Monday 4 July 2022 23:00

52.6

Wednesday 22 June 2022 23:00

49.1

52.6

Thursday 2 June 2022 23:00

53.2

Monday 23 May 2022 23:00

52.2

Tuesday 3 May 2022 23:00

56.6

56.1

Thursday 21 April 2022 23:00

58.5

56.6

Monday 4 April 2022 23:00

57.9

55.6

Wednesday 23 March 2022 22:00

62.7

57.9

Wednesday 2 March 2022 22:00

56.4

57.4

Economic context

Recent economic data has been moderately bearish for AUD. Other recent announcements which may affect the market's interpretation of the next S&P Global Services PMI result:

		Previous	Latest
Private Capital Expenditure	Bearish change	1.6%	-0.2%
Judo Bank Composite PMI	Bullish change	51.1	51.2
Judo Bank Manufacturing PMI	Bullish change	50.2	50.6
Employment Change s.a.	Bearish change	60K	44K
Full-Time Employment	Bullish change	-23.7K	54.1K
Participation Rate	Bullish change	67.2%	67.3%
Part-Time Employment	Bearish change	83.7K	-10.1K
Unemployment Rate s.a.	Bearish change	4%	4.1%
Wage Price Index (QoQ)	Bearish change	0.9%	0.7%
RBA Interest Rate Decision	Bearish change	4.35%	4.1%

About S&P Global Services PMI

Country:	Australia
Currency:	AUD
Source:	IHS Markit
Category:	Economic Activity
Frequency:	Monthly

Related events

	Australia		Gross Domestic Product (QoQ)
	Canada		Gross Domestic Product Annualized
	Switzerland		Gross Domestic Product s.a. (QoQ)
	China		Non-Manufacturing PMI
	China		Gross Domestic Product (YoY)
	China		Gross Domestic Product (QoQ)
	China		Industrial Production (YoY)
	China		Caixin Services PMI
	China		NBS Manufacturing PMI
	China		Caixin Manufacturing PMI
	Germany		S&P Global/BME Manufacturing PMI
	Germany		S&P Global/BME Composite PMI
	Germany		S&P Global/BME Services PMI
	Eurozone		Gross Domestic Product s.a. (YoY)
	Eurozone		Gross Domestic Product s.a. (QoQ)
	Eurozone		S&P Global Composite PMI
	Eurozone		S&P Global Manufacturing PMI
	Eurozone		S&P Global Services PMI
	Japan		Gross Domestic Product (QoQ)
	Japan		Tankan Large Manufacturing Index
	New Zealand		Gross Domestic Product (YoY)
	New Zealand		Gross Domestic Product (QoQ)
	United Kingdom		S&P Global/CIPS Services PMI
	United Kingdom		S&P Global/CIPS Composite PMI
	United Kingdom		Gross Domestic Product (YoY)
	United Kingdom		Gross Domestic Product (QoQ)
	United Kingdom		S&P Global/CIPS Manufacturing PMI
	United States		ISM Manufacturing PMI
	United States		S&P Global Manufacturing PMI
	United States		S&P Global Services PMI
	United States		Gross Domestic Product Annualized
	United States		ISM Services PMI
	Australia		Private Capital Expenditure
	Australia		S&P Global Manufacturing PMI
	Australia		National Australia Bank's Business Confidence (QoQ)
	Australia		S&P Global Composite PMI
	Australia		AiG Industry Index
	Australia		Gross Domestic Product (YoY)
	Canada		Bank of Canada Business Outlook Survey
	Canada		Gross Domestic Product (MoM)
	Canada		Ivey Purchasing Managers Index
	Canada		Ivey Purchasing Managers Index s.a
	Canada		Gross Domestic Product (QoQ)
	Canada		S&P Global Manufacturing PMI
	Switzerland		Industrial Production (YoY)
	Switzerland		Gross Domestic Product (YoY)
	Switzerland		ZEW Survey – Expectations
	Germany		ZEW Survey – Economic Sentiment
	Germany		IFO – Current Assessment
	Germany		Factory Orders n.s.a. (YoY)
	Germany		Gross Domestic Product (QoQ)
	Germany		IFO – Expectations
	Germany		ZEW Survey – Current Situation
	Germany		IFO – Business Climate
	Germany		Industrial Production n.s.a. w.d.a. (YoY)
	Germany		Gross Domestic Product w.d.a (YoY)
	Germany		Gross Domestic Product (YoY)
	Germany		Factory Orders s.a. (MoM)
	Germany		Industrial Production s.a. (MoM)
	Eurozone		Sentix Investor Confidence
	Eurozone		ZEW Survey – Economic Sentiment
	Eurozone		Economic Sentiment Indicator
	Eurozone		Industrial Production s.a. (MoM)
	Eurozone		Business Climate
	Eurozone
	Spain		S&P Global Services PMI
	Spain		Gross Domestic Product - Estimated (QoQ)
	Spain		S&P Global Manufacturing PMI
	Spain		Gross Domestic Product (QoQ)
	France		S&P Global Manufacturing PMI
	France		S&P Global Composite PMI
	France		S&P Global Services PMI
	India		HSBC Services PMI
	India		Gross Domestic Product Quarterly (YoY)
	India		HSBC Manufacturing PMI
	India		HSBC Composite PMI
	Italy		Gross Domestic Product (YoY)
	Italy		S&P Global Manufacturing PMI
	Italy		Gross Domestic Product (QoQ)
	Japan		Tankan Large All Industry Capex
	Japan		Tankan Large Manufacturing Outlook
	Japan		Gross Domestic Product Annualized
	Japan		Gross Domestic Product Deflator (YoY)
	South Korea		Gross Domestic Product Growth (QoQ)
	New Zealand		Business NZ PMI
	New Zealand		Business NZ PSI
	New Zealand		NZIER Business Confidence (QoQ)
	United Kingdom		Manufacturing Production (MoM)
	United Kingdom		Manufacturing Production (YoY)
	United Kingdom		Gross Domestic Product (MoM)
	United Kingdom		Industrial Production (MoM)
	United States		Durable Goods Orders ex Defense
	United States		Industrial Production (MoM)
	United States		Factory Orders (MoM)
	United States		Nondefense Capital Goods Orders ex Aircraft
	United States		ISM Services New Orders Index
	United States		ISM Manufacturing New Orders Index
	United States		Philadelphia Fed Manufacturing Survey
	United States		S&P Global Composite PMI
	United States		NY Empire State Manufacturing Index
	United States		Chicago Purchasing Managers' Index
	United States		Durable Goods Orders ex Transportation
	United States		Gross Domestic Product Price Index
	United States		Durable Goods Orders

Calendar - S&P Global Services PMI - Australia

S&P Global Services PMI

Most recent - Thursday 20 February 2025 22:00

Next event - Tuesday 4 March 2025 22:00

Trading range

Trading range after each S&P Global Services PMI event

Forecast history

Past events

Economic context

About S&P Global Services PMI

Related events