{"id":45686,"date":"2025-08-05T14:00:11","date_gmt":"2025-08-05T14:00:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/45686\/"},"modified":"2025-08-05T14:00:11","modified_gmt":"2025-08-05T14:00:11","slug":"australia-sp-global-july-final-services-pmi-54-1-prior-51-8","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/45686\/","title":{"rendered":"Australia S&#038;P Global July final services PMI 54.1 (prior 51.8)"},"content":{"rendered":"<p data-v-64ab016d=\"\">Australia S&amp;P Global July final services PMI comes in at a much improved 54.1<\/p>\n<p data-v-64ab016d=\"\">Composite 53.8<\/p>\n<p data-v-64ab016d=\"\">&#8212;<\/p>\n<p data-start=\"114\" data-end=\"404\" data-v-64ab016d=\"\">Australia\u2019s services sector saw stronger growth in July, marking a solid start to the second half of 2025, according to S&amp;P Global. New business rose sharply, and export demand stabilised after four months of declines. The pickup in activity also led to faster job creation.<\/p>\n<p data-start=\"406\" data-end=\"603\" data-v-64ab016d=\"\">While the current data shows a positive picture, the Future Activity Index points to weaker confidence about the outlook, suggesting businesses are more cautious about the months ahead.<\/p>\n<p data-start=\"605\" data-end=\"820\" data-v-64ab016d=\"\">Inflationary pressures intensified, with both input costs and output prices rising in July. Despite this, S&amp;P Global Market Intelligence still expects further interest rate cuts in the remainder of the year.<\/p>\n<p data-start=\"822\" data-end=\"957\" data-v-64ab016d=\"\">Overall, the latest PMI data suggests stronger economic momentum, with services growth supported by a rebound in manufacturing.<\/p>\n","protected":false},"excerpt":{"rendered":"Australia S&amp;P Global July final services PMI comes in at a much improved 54.1 Composite 53.8 &#8212; Australia\u2019s&hellip;\n","protected":false},"author":2,"featured_media":45687,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[25854,84,1294,56,54,55],"class_list":["post-45686","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-australia-sp-global-services-pmi","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/45686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=45686"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/45686\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/45687"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=45686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=45686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=45686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}