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Market Update: Australia Composite PMI Declines for Second Straight Month
The IHS Markit Australia Composite PMI decreased to 56.1 in June of 2021 from 58.0 in the previous month, preliminary data showed. Private sector output and demand growth across both the manufacturing and services sectors slowed compared to May. Private sector employment, however, continued to increase at a solid pace in June. On the price front, both input and output cost slowed. source: Markit Economics [/s2If]
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