Australia PMI composite jumped to 55.9, economy bounced back quickly

<p>Australia PMI Manufacturing rose from 55.1 to 57.6 in February. PMI Services jumped from 46.6 to 56.4, an 8-month high. PMI Composite rose from 46.7 to 55.9, also an 8-month high. Jingyi Pan, Economics Associate Director at IHS Markit, said: &#8220;The Australian economy bounced back quickly in February, according to the IHS Markit Flash Australia [&#8230;]</p>
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