The manufacturing sector in Australia continued to expand in January, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 52.3.
That's up from 51.6 in December and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Manufacturing production expanded at a quicker pace at the start of the year owing to rising new work inflows. Better market conditions and an improvement in foreign demand reportedly underpinned the increase in new orders. The rate at which overall new business grew was the quickest since last August, supported by the first expansion in new export orders in five months.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.