FX.co ★ Australia Private Sector Contracts for 1st Time in 5 Months

Australia’s S&P Global Flash Composite PMI fell to 47.7 in October 2026 from 51.3 in September, preliminary data showed, marking the weakest reading since March. This signaled the first decline in private-sector activity since May. The services sector contracted for the first time in five months, while manufacturing remained in contraction, albeit at a slower pace.