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Australia preliminary PMI (April): Manufacturing 48.1 (prior 49.1) Services 52.6 (48.6)

Preliminary PMI from Australia for April, Judo Bank / S&P Global. Manufacturing 48.1prior 49.1Services 52.6prior 48.6Composite 52.2, highest since June of last yearprior 48.5Commentary from the report, in (very) brief::Manufacturing activity remains soft, a reflection of weaker demand for goods and a gradual slowdown in construction activity in Australia. services sector ... bounced strongly, bringing into question the broader economic slowdown. All the key activity indicators are up in the mont... Read More

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Australia

Preliminary

April

Manufacturing

48 Prior

april

prior

Services

48 6

Forex

Posted: Apr 20 2023, 23:01

Author Name: forexlive

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