S&P Global(US:SPGI) Xin Hua Cai Jing·2025-04-23 02:05Group 1 - The S&P Global Flash Australia PMI Composite Output Index decreased from 51.6 in March to 51.4 in April 2025, indicating continued growth in Australia's private sector but at a slower pace [1][3] - The private sector's business activity in April was supported by an increase in new business, with the fastest growth in manufacturing and services since April 2022 [1][2] - Despite a stable increase in employment, the backlog of work in private enterprises saw the largest growth in nearly three years, driven by rising demand [1][2] Group 2 - The overall sales price increase in Australia's private sector reached a nine-month high due to rising demand, although costs are also increasing rapidly [2] - Geopolitical uncertainties and the impact of U.S. tariff policies have weakened export performance and affected business confidence in April [2][3] - The manufacturing PMI output index fell from 51.8 in March to 51.5 in April, while the services PMI activity index decreased from 51.6 to 51.4 [3]