Australia performance of services rose to 31.6, muted optimism from easing restrictions

<p>Australia AiG Performance of Services Index rose to 31.6 in May, up from 27.1. While the data indicates slower pace of contraction, it’s still the second lowest result on record. In trend term, the index dropped -3.4 pts to 30.8, with declines across all services sectors. AiG also noted, “heavy restrictions on activity in response […]</p>
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