Not promising these …. all lower than in December
Manufacturing 49.1
- prior 49.2
Services 48.9
- prior 49.8
Composite 48.6
- prior 49.6
All deeper into contraction.
Commonwealth Bank key points:
- the latest fall in output was the sharpest since the survey began in May 2016
- New orders and employment increased
- rate of input cost inflation softened again to a nine-month low
- companies raised their output prices at a sharper pace than in December
