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Australia Private Sector Downturn Softens In February

Por: RTTNews Business February 21, 2023

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Australia's private sector activity continued to contract in February, though at the slowest pace in four months amid easing cost pressures, flash survey results S&P Global showed on Tuesday.The Judo Bank flash composite output index rose to 49.2 in February from 48.5 in January. However, any score below 50 indicates contraction in the sector.A lower level of output recorded in the second month of 2023 was underpinned by both softer... + full article



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