Australia’s PMI Composite rises to 53.6, RBA might hike again in H2

Australia’s PMI Manufacturing has nearly reached the neutral mark in April, jumping from 47.3 to 49.9. PMI Services edged higher from 54.2 to 54.4, contributing to PMI’s Composite rise from 53.3 to 53.6, marking a 24-month high and indicating the third consecutive month of expansion. Warren Hogan, Chief Economic Advisor at Judo Bank, said that […]

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