S&P Global released the preliminary reading of Australia’s October Manufacturing PMI on September 23, 2025. The reported value was 51.6, with no consensus forecast provided; the previous reading was also 51.6.Data Definition: The S&P Global Manufacturing Purchasing Managers’ Index (PMI) gauges overall activity in the manufacturing sector and serves as a key indicator of the broader economy. The index is derived from surveys of approximately 400 purchasing managers, who rate conditions based on employment, output, new orders, and other factors. A reading above 50.0 indicates expansion in the manufacturing economy, while a reading below 50.0 signals contraction.Market Impact: A reported value above expectations is considered positive for the Hong Kong dollar. This data carries a medium level of importance (level 2). The PMI survey tracks sentiment among purchasing managers in both manufacturing and services companies, and the composite confidence index is calculated based on survey results in areas such as production, orders, and inventories. The data is released monthly; the next release is scheduled for November 21, 2025.
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