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Australia's S&P Global Manufacturing PMI eases to 50.1 in March

Australia's S&P Global Manufacturing PMI eases to 50.1 in March

101 finance101 finance2026/03/23 23:21
By:101 finance

The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) declined to 50.1 in March versus 51.0 prior, the latest data published by S&P Global showed on Tuesday.

The Australia’s S&P Global Services PMI eased to 46.6 in March from the previous reading of 52.8, while the Composite PMI fell to 47.0 in March versus 52.4 prior. 

Market reaction

At the press time, the AUD/USD pair is down 0.04% on the day to trade at 0.7019.

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