{"id":351556,"date":"2025-12-16T11:17:08","date_gmt":"2025-12-16T11:17:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/351556\/"},"modified":"2025-12-16T11:17:08","modified_gmt":"2025-12-16T11:17:08","slug":"australias-business-activity-slows-down-in-december","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/351556\/","title":{"rendered":"Australia&#8217;s Business Activity Slows Down in December"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"MT Newswires - Shutterstock\" loading=\"eager\" height=\"403\" width=\"768\" class=\"yf-lglytj loader\"\/> MT Newswires -Shutterstock      <\/p>\n<p class=\"yf-7hmkaz\">Australia&#8217;s business activity slowed down in the last month of the year despite remaining in expansionary territory as the rate of services decelerated. <\/p>\n<p>The headline seasonally adjusted S&amp;P Global Flash Australia PMI Composite Output Index fell to 51.1 in December from 52.6 in November, with the current reading being the lowest in seven months, according to a Tuesday press release from S&amp;P Global. <\/p>\n<p>On a month-on-month basis, the services PMI business activity slipped to 51 from 52.8, while the manufacturing PMI rose to 52.2 from 51.6. <\/p>\n<p>The rate of new orders was more mitigated compared to the prior month, mainly due to the deceleration in the services rate amid stringent competition. <\/p>\n<p>However, the services industry remained solid as employment rose to meet greater workloads, S&amp;P Global said. <\/p>\n<p>&#8220;While the deceleration in the pace of output growth will be worth monitoring, it was positive to see that new orders continued to increase at a solid pace, accompanied by rising business confidence in December,&#8221; Jingyi Pan, S&amp;P Global Market Intelligence&#8217;s economics associate director, said. <\/p>\n<p>Meanwhile, cost pressures intensified across both the manufacturing and services sectors. <\/p>\n","protected":false},"excerpt":{"rendered":"MT Newswires -Shutterstock Australia&#8217;s business activity slowed down in the last month of the year despite remaining in&hellip;\n","protected":false},"author":2,"featured_media":351557,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44,81671],"class_list":{"0":"post-351556","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-australia","8":"tag-au","9":"tag-australia","10":"tag-news","11":"tag-sp-global"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/351556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=351556"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/351556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/351557"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=351556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=351556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=351556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}