Australian Industry Group Performance of Services Index

This is the final of the PMIs from Australia for February.

  • Australian Industry Group Performance of Services Indexprior 47.4
    3rd month of decline for the services PMI
  • respondents cited disruption to consumer demand and business conditions from bushfires and related smoke pollution in January, with February close to a return to business as usual but at a reduced level.
  • The most frequently reported concern for businesses was the effect of a possible global pandemic of coronavirus COVID-19

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The data point was out earlier and its not a forex mover. Just doing a catch up.