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Australia PMI composite back to expansion, risk of “no land” for the economy

Australia PMI composite back to expansion, risk of “no land” for the economy
In August, Australia’s Manufacturing PMI slipped to a 3-month low, declining from 49.6 to 48.2. In contrast, PMI Services showcased resilience, rising from 47.8 to a 4-month high of 50.5. PMI Composite also surged from 48.0 to 50.2, a 4-month peak, signaling a return to expansion in the broader economy. Warren Hogan, Chief Economic Advisor […] The post Australia PMI composite back to expansion, risk of “no land” for the economy appeared first on Action Forex... Read More
Posted: Sep 22 2023, 02:35
Author Name: actionforex
Views: 091025

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