FX.co ★ Australia's Judo Bank Services PMI Shows Slight Uptick in June 2025

In a recent update from Judo Bank, the Services Purchasing Managers' Index (PMI) for Australia has demonstrated a subtle yet noteworthy improvement for June 2025. The PMI, a vital economic indicator that gauges the overall business conditions in the service sector, ticked up from a previous reading of 51.3 to a new mark of 51.8. This increase, although modest, signals a continued expansion in the Australian services industry.

This improvement suggests that service-oriented businesses are experiencing marginally better conditions than in the previous period. The PMI's sustained position above the neutral mark of 50 indicates that the overall sector is still in the growth phase, providing a positive outlook amid the broader economic landscape.

With this new data, updated on July 2, 2025, stakeholders and analysts will be closely monitoring future trends to determine if this growth momentum can be maintained in the face of potential global economic challenges. As the service sector remains a significant component of Australia's economy, the continuation of this upward trajectory could be integral to economic stability in the coming months.