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Australia Business Conditions Edges Down, Confidence Rises - NAB

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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Australia's business conditions edged down one point in March, while confidence gained a point and cost pressures softened further, survey results from NAB showed on Tuesday.

The business conditions index fell to 9 in March from 10 in the previous month. Meanwhile, the business confidence indicator rose to 1 from zero in February.

Conditions remained a little above average and confidence a little below average for the better part of a year.

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