Services PMI

The Services PMI Index tracks the state of the services industry with data from circa 200 companies regarding sales, orders, employment, deliveries etc. A metric above 50 means that the services industry is ramping up. This metric is reported on a monthly basis by Australian Industry Group.

Australian Services PMI

In June 2017 the indicator increased to 54.8 from 51.5 the previous month representing a change of 6.4%. This figure was at its historical lows of 39 in Aug 2013 and at its highs of 57.70 in Dec 2016.