The S&P Global Australia Services PMI Business Activity Index fell to 46.3 in March 2026, larger than initial estimates of a 46.6 contraction, down from 52.8 in February, marking the first contraction in 26 months and the sharpest decline since
Australia’s service sector hits 26-month low as PMI plunges into contraction amid inflation spike
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The S&P Global Australia Services PMI Business Activity Index fell to 46.3 in March 2026, larger than initial estimates of a 46.6 contraction, … [276 chars]
Source: Seeking Alpha | Published: 2026-04-07T04:58:36Z
Credit: Seeking Alpha
