HomeLive CommentsAustralia AiG services dropped back slightly to 31.5, employment shrank further

Australia AiG services dropped back slightly to 31.5, employment shrank further

Australia AiG Performance of Services Index dropped -0.1 to 31.5 in June. The reading indicates “another serious contraction in activity” at a pace similar to May. That’s also the second lowest record reading next to April’s. Looking at some details, all indicates remains firmly below series average despite lockdown easing. In particular, employment dropped a further -4.3 pts to 30.9.

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