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S&P Global Flash Australia PMI: Fastest rise in private sector output since April 2022
Business activity growth in Australia accelerated at the start of the third quarter, underpinned by a renewed rise in manufacturing output and faster services activity growth. Incoming new orders notably increased at the quickest pace in over three years despite another fall in exports. To cope with rising workloads, Australian private sector firms hired additional staff in July. That said, overall optimism levels eased. Turning to prices, rates of input cost and output price inflation both rose during the latest survey period, climbing above their respective series averages. The headline seasonally adjusted S&P ... (full story)
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- Jul 23, 2025 6:01pm Posted by
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