The S&P Global Australia Manufacturing PMI was revised higher to 52.0 in July 2026 from the preliminary estimate of 51.7 and after a final reading of 51.5 in the previous month. Still, it marked the strongest expansion since January, as output and new orders returned to growth. The latest reading also signaled a fourth consecutive month of expansion, with output and new orders rising for the first time in five months, although the pace of growth remained only marginal amid muted demand and persistent inflationary pressures.