Australian Industry Group Performance of Construction Index for August 2022
That's now two of the AiG PMIs in contraction for August:
The AiG Services PMI is due on Wednesday.
At the top of this hour we'll get S&P Global / Markit PMIs from Australia for services (final)
- For the preliminary and prior readings, link.
- the S&P Global / Markit Manufacturing PMI is here: August 53.8 (prior 55.7)
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ps. the RBA policy meeting is Tuesday Tuesday, 6 September 2022 at 0430 GMT:
The cash rate is barely off the floor and PMIs are getting hit ... there are other factors at work also, but still. Regardless, the RBA will hike by 50bps tomorrow:
