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Forex news -forex broker review => Forex => Topic started by: forex4you on Oct 10, 2022, 06:08 am

Title: Australia AiG September services index 48.0 vs 53.3 prior
Post by: forex4you on Oct 10, 2022, 06:08 am
Australia AiG September services index 48.0 vs 53.3 prior

<ul><li>Prior was 53.3</li><li>The input prices index increased from August, but growth in selling prices and average wages indexes
moderated from August - all remain elevated</li><li>There are reports of burnout among current staff. Increased uncertainty around future demand, particularly
related to the effect of higher interest rates, was a key concern for respondents. Some reported a slowdown in enquiries
customers particularly from the construction sector.
Australian PSIĀ®
key numbers
(seasonally adjusted)
Index
this month
Change
from
last month
Historical
average
Australian </li></ul><p>This is the lowest since October 2021 and indicates that rate hikes are beginning to bite.</p>

                This article was written by Adam Button at forexlive.com.

Source: Australia AiG September services index 48.0 vs 53.3 prior (https://forexlive.com/news/australia-aig-september-services-index-480-vs-533-prior-20221009/https://forexlive.com/news/australia-aig-september-services-index-480-vs-533-prior-20221009/)

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