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Australia preliminary PMI: Manufacturing 48.6 (prior 48.4) & Services 50.7 (prior 52.1)

Jundo Bank / S&P Global flash PMIs from Australia for June 2023Manufacturing 48.6prior 48.4Services 50.7prior 52.1Composite 50.5prior 51.6From the report, in brief:Most of the activity indicators in the survey are softer in June although the key new business and employment indexes remain above the neutral 50 index level. This has been primarily driven by a slowdown in the services sector, which has seen activity soften over the past two months.Inflation continues to remain uncomfortably high, wi... Read More

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Australia

Preliminary

Pmi

Manufacturing

48 Prior

prior

Services

Forex

Posted: Jun 22 2023, 23:00

Author Name: forexlive

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