Australia PMI Manufacturing dropped from 52.7 to 51.5 in November, a 29-month low. PMI Services dropped from 49.3 to 47.2, a 10-month low. PMI Composite also dropped from 49.8 to 47.7, a 10-month low. Jingyi Pan, Economics Associate Director at S&P Global Market Intelligence said: “The latest S&P Global Flash Australia Composite PMI data revealed […]
The post Australia PMI composite dropped to 47.7, deteriorating demand and worsening price pressures appeared first on Action Forex.
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