Australia PMI composite climbs to 47.4, aligning with soft landing scenario

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-au1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Australia&#8217;s manufacturing and service sectors showed marginal improvements in December, as indicated by the latest PMI data. PMI Manufacturing index inched up slightly from 47.7 to 47.8, while PMI Services index rose from 46.0 to 47.6. PMI Composite, which combines both manufacturing and services, also increased from 46.2 to 47.4. Despite these increases, all indices [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/531821-australia-pmi-composite-climbs-to-47-4-aligning-with-soft-landing-scenario/">Australia PMI composite climbs to 47.4, aligning with soft landing scenario</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>