Australian S&P Global Composite PMI Final (Jan) 55.7 (Prev. 51)
Newsquawk Staff ·
Australian S&P Global Composite PMI Final (Jan) 55.7 (Prev. 51)
What it means
The final reading of the Australian S&P Global Composite PMI for January comes in at 55.7, significantly above the previous figure of 51. This strong beat suggests robust economic activity, which could signal continued growth and may influence market expectations regarding future monetary policy and interest rate decisions in Australia.
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