FX.co ★ Australia Services Growth Eases

The S&P Global Flash Australia Services PMI Business Activity Index eased to 52.9 in August 2026, down from July’s six‑month high of 53.6 (final), according to preliminary data. The latest reading signalled a third consecutive month of expansion, with both activity and new business continuing to rise, albeit at a slightly slower pace.

Employment posted a modest increase, and capacity came under some pressure. The overall volume of outstanding work rose for a second straight month in August, though only marginally.

On the price front, input costs continued to climb, driven by higher fuel, freight, commodity, and raw material prices.