Financial News: Australia Private Sector Growth Eases To 3-Month Low

Australia Private Sector Growth Eases To 3-Month Low

09/23/2026 - 02:31:00 (RTTNews)

(RTTNews) - Australia's private sector grew at the slowest pace in three months in September, flash survey results from S&P Global showed Wednesday.

The composite output index dropped to 50.8 from 52.7 in August. However, a reading above 50.0 indicates expansion.

The survey showed that the private sector output expanded for a fourth successive month but the upturn was the weakest seen across the third quarter.

At the broad sector level, services activity growth was sustained, albeit at a slower pace. Meanwhile, manufacturing output declined at the strongest pace in 21 months.

The services Purchasing Managers' Index fell to 51.4 from 53.2 in the previous month. At 49.3, the manufacturing PMI was down from 52.0.

A fresh fall in export business weighed on overall new orders growth. At the same time, the slower expansion in new business triggered the first round of job losses since May. Business sentiment declined to its weakest in three months.

On the price front, the rate of input price inflation picked up to its highest in three months and output charges rose at a strong rate that was more pronounced than in August.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Private Sector Growth Eases To 3-Month Low (34 min(s), 47 sec(s) ago)
(RTTNews) - Australia's private sector grew at the slowest pace in three months in September, ...Full Story»

Indonesia Rate Decision On Tap For Wednesday (57 min(s), 13 sec(s) ago)
(RTTNews) - The central bank in Indonesia will wrap up its monetary policy meeting and then announ ...Full Story»

Slovenian Consumers More Pessimistic In September (21 min(s), 13 sec(s) ago)
(RTTNews) - Consumers in Slovenia remained slightly more pessimistic in September, and the confide ...Full Story»

Belgian Consumer Confidence Weakens In September (46 min(s), 13 sec(s) ago)
(RTTNews) - Households in Belgium expressed a more pessimistic attitude in September as they expre ...Full Story»

Spain Trade Gap Widens In July (11 min(s), 13 sec(s) ago)
(RTTNews) - Spain's foreign trade deficit increased notably in July from a year ago as imports ...Full Story»

Taiwan Export Order Growth Accelerates To 71.4% (35 min(s), 13 sec(s) ago)
(RTTNews) - Taiwan's export order growth quickened for the third straight month in August, dat ...Full Story»

UK Manufacturing Order Books Improve: CBI (23 min(s), 13 sec(s) ago)
(RTTNews) - UK manufacturing orders improved for the second straight month in September, the Indus ...Full Story»

Amended: UK Budget Deficit Exceeds Estimate (06 min(s), 13 sec(s) ago)
(RTTNews) - Corrects first para The UK budget deficit exceeded the government estimate in Aug ...Full Story»