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Australian S&P / Markit Services PMI for November remains contracting at 47.6 (prior 47.2)

Australian S&P / Markit PMIs for November 2022.

Final results are

  • Services 47.6
  • Composite 48.0

For the preliminary readings:

We’ve had earlier PMIs from Australia for November:

There is one more PMI to come for November, the Australian Industry Group Performance of Servcies Index

It’ll be published on Wednesday.

The moves towards reopening in China will be a tailwind for Australia ahead.

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