26 Aug Australia Commonwealth Bank Composite PMI
Composite Pmi in Australia decreased to 49.50 Index Points in August from 52.10 Index Points in July of 2019. Composite Pmi in Australia is reported by Markit Economics. In Australia, the Commonwealth Bank of Australia Composite PMI Output Index is a GDP-weighted average of the Commonwealth Bank Manufacturing Output Index and the Commonwealth Bank Services Business Activity Index. It tracks changes in business activity in the Australian private sector economy as a whole. A reading above 50 indicates expansion in business activity while below 50 points to contraction.
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