Australia flash Nov. PMIs. Manufacturing 49.9 (prior 50.0) & Services 49.5 (prior 50.1)

Author: Eamonn Sheridan | Category: News

Australian CBA Markit preliminary PMIs for November 

Manufacturing  49.9
  • prior 50.0
Services  49.5
  • prior 50.1
Composite  49.5
  • prior 50.0
All three drop into contraction.  New orders and employment sub-indexes edged just a little higher.
  • input cost inflation up, but selling prices broadly unchanged (companies leaving prices unchanged due to weak demand.
Australian CBA Markit preliminary PMIs for November 
Little AUD impact from the release. 
ForexLive
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