Australian Manufacturing Continues Expansion in April

The Australian manufacturing sector has maintained its growth trajectory into April, as indicated by the S&P Global Australia Manufacturing Purchasing Manager’s Index (PMI) which registered at 51.7, slightly down from March's 52.1 but still comfortably above the neutral 50 mark. This data, released by S&P Global on Thursday, underscores the sector's resilience and ongoing expansion since the beginning of 2025.

Positive Demand Trends Fuel Growth

According to Jingyi Pan, Economics Associate Director at S&P Global Market Intelligence, the sector's expansion is supported by a positive demand trend, with new orders experiencing their fastest growth in nearly two-and-a-half years. This surge in demand has not only bolstered manufacturing activity but also spurred increased hiring and purchasing, signaling a healthy outlook for the sector.