Australia March Composite PMI Preliminary Release: Manufacturing Sentiment Overview

S&P Global released Australia’s March S&P Global Composite PMI preliminary data on February 20, 2026.Last month, the index registered 52, indicating that Australia’s manufacturing sector continues to exhibit moderate expansion. The PMI index uses 50 as the threshold; readings above 50 signal economic growth, while readings below 50 indicate economic contraction.**Data Background**The S&P Global Composite PMI is a key indicator of overall manufacturing activity. The index is calculated based on scores from approximately 400 purchasing managers, covering employment, output, new orders, prices, supplier deliveries, and inventories, providing an accurate reflection of actual economic conditions.**Market Impact**If the current release exceeds market expectations, it will provide positive support for the Hong Kong dollar’s performance.**Release Information**This data is of medium importance and is compiled using the PMI survey methodology. It is published monthly. The next release is scheduled for July 24, 2026.

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