empty
 
 

2025.10.2322:00:00UTC+00Australia's Judo Bank Services PMI Shows Positive Uptick in October

Australia's service sector continues to show resilience and growth as the latest data from Judo Bank reveals an upward trend in the Services Purchasing Managers' Index (PMI). In a newly released report dated October 23, 2025, the Services PMI for October experienced an increase, reaching 53.1, up from 52.4 recorded in September. These figures represent a positive shift in business activity and confidence within Australia's expansive service industry.

The Judo Bank Services PMI is a crucial indicator of the health of the services sector, a significant contributor to the Australian economy. An index above 50 signifies expansion, highlighting that the sector has achieved steady growth momentum. This measurable increase suggests improved business conditions, potentially driven by consumer demand and stability in the economic environment post-pandemic.

Economists and market analysts will be watching closely as this positive trend may impact future economic forecasts and policy decisions. The current growth trajectory of the services sector could indicate broader economic strengthening, providing a promising outlook for Australia's economic landscape moving forward.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback