FX.co ★ Australia Sees Uptick in Economic Activity: Manufacturing & Services PMI Hits 55.50 in January

In a strong start to the year, Australia's Manufacturing & Services PMI rose to 55.50 in January 2026, up from 51.00 in December 2025, according to the latest data updated on January 22, 2026. This significant climb in the Purchasing Managers' Index (PMI) reflects a notable improvement in the economic activities within the manufacturing and services sectors.

The PMI is a key indicator of economic health in the manufacturing and services sectors, with any value above 50 signaling growth. A reading of 55.50 suggests expansionary activity, driven perhaps by increased demand and optimism as industries look beyond pandemic-related constraints. This positive change is especially significant when compared month-over-month, marking a robust increase from the previous reading.

The January data shows a renewed vigor in Australia’s economic landscape, suggesting that both domestic and international factors may be contributing to enhanced performance within key sectors. Stakeholders and policymakers will likely view this increase as an encouraging sign of sustained economic momentum as the country moves further into the year 2026.