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CBA: Australian Economy Has Lost Momentum

Author: PASA Early data shows a decline in services activity outweighed continued growth in manufacturing. The Australian private sector has dipped into contraction territory for the first time in the CBA PMI survey’s history, new CBA data shows. The latest “flash” CBA Composite Purchasing Managers Index (PMI) has been released and shows overall business activity has softened …

CBA: Australian Economy Has Lost Momentum Read More »

CBA: Australian Economy Has Lost Momentum

Author: PASA Early data shows a decline in services activity outweighed continued growth in manufacturing. The Australian private sector has dipped into contraction territory for the first time in the CBA PMI survey’s history, new CBA data shows. The latest “flash” CBA Composite Purchasing Managers Index (PMI) has been released and shows overall business activity has softened …

CBA: Australian Economy Has Lost Momentum Read More »

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