The services sector in Australia continued to expand in November, and at a faster pace, the latest survey from S&P Global revealed on Friday with a services PMI score of 52.7.
That's up from 52.5 and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
The survey also showed that the manufacturing PMI improved to 51.6 from 49.7 in October, while the composite index went up to 52.6 from 52.1 a month earlier.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.