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The Commonwealth Bank Composite PMI in Australia dropped to 49.4 in December 2019 from 49.7 in the previous month, a preliminary reading showed. The reading indicated to a further marginal decrease in business activity across the manufacturing (PMI at 49.4 vs 49.9) and service sectors (PMI at 49.5 vs 49.7). Looking ahead, business sentiment regarding the 12-month outlook for business activity remained positive despite weakening slightly.

The Commonwealth Bank Composite PMI in Australia declined to 49.7 in November 2019 from 50.0 in the previous month and 49.5 in the preliminary reading, final data showed. The reading indicated a contraction in activity for the first time in three months amid weaker performance from both manufacturing (PMI at 49.9 vs 50.0 in October) and service sectors (PMI at 49.7 vs 50.1).

The Commonwealth Bank Composite PMI in Australia declined to 49.5 in November 2019 from 50.0 in the previous month, preliminary data showed. The reading indicated a contraction in activity for the first time in three months amid weaker performance from both manufacturing (PMI at 49.9 vs 50.0 in October) and service sectors (PMI at 49.5 vs 50.1).

The Commonwealth Bank Composite PMI in Australia was revised lower to 50.0 in October 2019 from a preliminary print of 50.7 and compared to September's final 52.0. The reading indicated no change in private sector business activity at the start of the fourth quarter, amid weaker performance from both manufacturing (PMI at 50.0 vs 50.3 in September) and service sectors (PMI at 50.1 vs 52.4).

The Commonwealth Bank Composite PMI in Australia fell to 50.7 in October 2019 from 52.0 in the previous month, preliminary data showed. The reading pointed to a softer expansion in the private sector, as both manufacturing output (PMI at 50.1 vs 50.3 in September) and the services activity (PMI at 50.8 vs 52.4) increased at a slower pace. Output went up at a weakest rate, as new orders growth eased to a six-month low. Meanwhile, the job creation rate rose marginally with staffing levels up only slightly across both the manufacturing and service sectors. Also, backlogs of work were unchanged, ended a 13-month sequence of accumulation. On the price front, input costs continued to rise at a marked pace, leading firms to increase their selling prices to the greatest extent since last November. Looking ahead, sentiment declined to the lowest level since March, in particular on the service sector

The Commonwealth Bank Composite PMI in Australia increased to 52.0 in September 2019 from 49.3 in the previous month, higher than a preliminary estimate of 51.9, final data showed. The latest reading pointed to an expansion in the private sector after a contraction in August, as service activity rose to a positive territory (PMI at 52.4 from 49.1 in August) while manufacturing output growth slowed to a record low (PMI at 49.4 from 50.9).