TeleTrade - Analytics

    TeleTrade

    690.50 6.50/10
    81% of positive reviews
    Real

    04.05.2016 15:20 Australian Industry Group’s services purchasing managers’ index for Australia rises to 49.7 in April

    The Australian Industry Group (AiG) released its services purchasing managers' index (PMI) for Australia on the late Tuesday evening. The index rose to 49.7 in April from 49.5 in March.

     

     

    A reading above 50 indicates expansion in the sector, while a reading below 50 indicates contraction in the sector.

     

     

    Four of the five activity sub-indexes were below 50 points in March.

     

     

    Main contributor to the rise were finance & insurance and health & community services.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree