The manufacturing sector in Australia continued to expand in July, a preliminary survey from S&P Global revealed on Thursday with a manufacturing PMI score of 51.6.
That's up from 50.6 in June and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
The survey also showed that the services PMI improved to 53.8 in July from 51.8 in June, and the composite PMI moved to 53.6 from 51,6 a month earlier.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.