Australia’s PMI data for August revealed a slight uptick in economic activity, with Manufacturing PMI rising from 47.5 to 48.7, Services PMI increasing from 50.4 to 52.2, and Composite PMI climbing from 49.9 to 51.4. Warren Hogan, Chief Economic Advisor at Judo Bank, noted “improvement in activity indicators,” coupled with “further upward pressure on business […]
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