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fxJun 22, 2026, 11:05 PM

Australia Manufacturing PMI Rises to 51.2 in June, Signals Expansion

The preliminary S&P Global Manufacturing PMI for Australia increased to 51.2 in June from 50.7 in May, indicating expansion in the sector and supporting a bullish view on AUD/USD.

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The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) rose to 51.2 in June, up from 50.7 in the previous month. A reading above 50 signals expansion in the manufacturing sector.

The data, published by S&P Global, suggests improving business conditions in Australia's manufacturing industry. The rebound may provide short-term support for the Australian dollar, with traders now assessing the implications for AUD/USD.

Market participants will watch for further details in the final release, but the initial uptick points to resilience in the economy.

Source: FXStreet Forex News