Wire flash
Australia's Business Activity Expansion Slows Sharply in September
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The S&P Global Australia Composite PMI flash estimate for September came in at 50.8, down from the previous month's reading of 52.7. The data, released by financial information provider Jin10, indicates a slowdown in the expansion of Australia's private sector business activity. A reading above 50 signals expansion, while below 50 indicates contraction. The decline from August's 52.7 suggests that the pace of growth in the combined manufacturing and services sectors has moderated at the start of the third quarter. The flash estimate is based on approximately 85-90% of final survey responses and provides an early indication of economic trends.
Source report
The S&P Global Composite PMI for Australia came in at 50.8 in September (preliminary reading), down from the previous month's figure of 52.7.
Source
金十数据Neutral / independent