Australia's business conditions improved in August but confidence weakened after four consecutive increases, survey results from NAB showed Tuesday.
The business conditions gained two points to 7 in August and remained around its long-run average.
The improvement in August reflected gains in employment and profitability, while trading conditions stayed unchanged compared to the prior month.
The profitability index doubled to 4 from 2 and the employment indicator climbed to 5 from 2. The index for trading held steady at 12 in August.
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