Financial News: Australia Manufacturing PMI Improves To 51.0 In April

Australia Manufacturing PMI Improves To 51.0 In April - S&P Global

04/22/2026 - 19:13:00 (RTTNews)

(RTTNews) - The manufacturing sector in Australia bounced back up into expansion territory, the latest survey from S&P Global showed on Thursday with a manufacturing PMI score of 51.0.

That's up from 49.8 in March and it moves above the boom-or-bust line of 50 that separates expansion from contraction.

Total new business placed at Australian businesses decreased for the second month running in April as raised levels of client uncertainty amid heightened geopolitical tensions dampened sales. While there was evidence of soft domestic demand, export orders increased again.

The survey also showed that the services PMI improved to 50.3 from 46.3 in March and the composite PMI climbed to 50.1 from 46.6.

April saw the rate of cost inflation across the Australian private sector quicken for the third month running to its highest level since August 2022. Hikes to fuel and shipping costs frequently featured in the qualitative part of the survey as the key drivers of rising input prices.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Rebounds From Record Low In June (39 min(s), 57 sec(s) ago)
(RTTNews) - With consumers experiencing some relief due to the early-month easing in gasoline pric ...Full Story»

Brent Crude Oil Prices May Climb 36% In 2026 On Middle East Conflict: World Bank (01 hr(s), 29 min(s), 57 sec(s) ago)
(RTTNews) - The persisting conflict in the Middle East and the closure of the Strait of Hormuz are ...Full Story»

India Inflation Climbs To 3.93% In May (02 hr(s), 57 min(s), 57 sec(s) ago)
(RTTNews) - India's consumer price inflation accelerated further in May to the highest level i ...Full Story»

U.K. Economy Shrinks For First Time Since August (03 hr(s), 39 min(s), 57 sec(s) ago)
(RTTNews) - The U.K. economy contracted for the first time since August last year as the U.S.-Iran ...Full Story»

Hong Kong Industrial Output Growth Slows In Q1 (04 hr(s), 53 min(s), 57 sec(s) ago)
(RTTNews) - Hong Kong's industrial production expanded at a slower pace in the first quarter o ...Full Story»

Spain Inflation Stable At 3.2% (05 hr(s), 06 min(s), 57 sec(s) ago)
(RTTNews) - Spain's consumer prices logged a steady increase in May, final data from the stati ...Full Story»

Croatia Producer Price Inflation Eases To 6.7% (05 hr(s), 15 min(s), 57 sec(s) ago)
(RTTNews) - Croatia's producer price inflation slowed slightly in May from a 31-month high in ...Full Story»

Turkey Current Account Deficit Narrows In April (05 hr(s), 28 min(s), 57 sec(s) ago)
(RTTNews) - Turkey's current account surplus decreased in April from a year ago, according to ...Full Story»