Live Comments Australia AiG services rose to 52.9, but new orders slowed

    Australia AiG services rose to 52.9, but new orders slowed

    Australia AiG Performance of Services Index rose 1.5 pts to 52.9 in November, highest since November 2019. Looking at some details, sales rose 5.1 pts to 54.7. Employment rose 3.3 to 56.4. But new orders dropped -1.0 to 51.9. Growth was seen in four sectors while retail trade and hospitality was the only sector that continued to contract.

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