Australia’s private-sector expansion lost substantial momentum in September, with the S&P Global Flash Composite PMI falling to 50.8 from 52.7, its weakest reading of the third quarter. Services activity remained in expansion but slowed for a second straight month, with the index dropping to 51.4 from 53.2. Manufacturing deteriorated more sharply: the Manufacturing PMI fell […]

The post Australia PMI Composite Slumps to 50.8 as Manufacturing Contracts and Job Losses Return appeared first on ActionForex.