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Australian July Services PMI falls to 47.9 (prior 50.3)

Australian July Services PMI falls to 47.9 (prior 50.3)
S&P Global / Judo Bank Final Services PMI for July 2023.Services is 47.9, tumbling into contraction from 50.3 in June third monthly fall in the services activity indexbiggest monthly fall since the start of the Reserve Bank of Australia's tightening cycle in May 2022Composite is 48.2 in July, down from 50.1 in June.composite is its lowest level since December 2022Flash reading is here:Australia preliminary PMI: Manufacturing 49.6 (prior 48.2) & Services 48.0 (prior 50.3)Commentary from the repor... Read More
Posted: Aug 2 2023, 23:03
Author Name: forexlive
Views: 110730

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