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Economic Buzz: Australia services PMI rises to 52.8 in November
03-Dec-2025 13:02
Australia's Services PMI improved to 52.8 in November from 52.5, signaling stronger expansion driven by firmer new business inflows. New orders accelerated as underlying demand strengthened, while export demand surged at the fastest pace in over three years. Employment growth slowed to a ten-month low as firms struggled to find suitable workers. Confidence remained unchanged and below average, reflecting cautious sentiment. On the cost front, input price inflation picked up due to higher energy, wage and material expenses, while selling prices rose slightly but stayed modest overall.

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