🇦🇺 AUSTRALIA SERVICES PMI — JAN 2026 (FLASH) 📈

Australia’s service sector started 2026 on a stronger note, signaling renewed momentum.

Key Data (Flash):

• Services PMI: 52.9

• Dec 2025: 51.1

• Above 50 = Expansion

What’s driving growth:

• Higher new sales

• Improved business development activity

• Better confidence outlook

Under the hood:

• Business confidence at multi-month highs

• Employment still expanding steadily

• Input costs remain elevated (wages + energy)

Why it matters:

Stronger services activity supports economic resilience, but persistent cost pressures may keep the RBA cautious on rate cuts.

📊 Growth improving

⚠️ Inflation pressures not gone yet

#WEFDavos2026 #CPIWatch #WhoIsNextFedChair

$AT

AT

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