Live Comments Australia AiG services rose to 2.7, improved business and consumer spending

    Australia AiG services rose to 2.7, improved business and consumer spending

    Australia AiG Performance of Services Index rose 2.7 to 54.2 in October. Trading conditions improved for some businesses due to improved business and consumer spending. In trend terms the PSI indicated expansion in six of the eight services sectors, except business & property services, and wholesale trade. All consumer-oriented segments reported more positive conditions. Sales, new orders, employment and deliveries all rose over the month too.

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