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Asian Economic News

Australia June Performance Of Service Index 48.8 - AiG

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

An index measuring the service sector in Australia came in with a score of 48.8 in June, the Australian Industry Group said on Wednesday.

That was sharply higher than the May reading of 43.5, AiG said, although it remained below the boom-or-bust level of 50 that separates expansion from contraction.

Among the individual sub-categories, recreation, health, community service and transportation all saw expansion, while retail trade, wholesale trade and accommodations saw contraction.

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