The services sector in Australia remained in contraction in November, the latest survey from the Australian Industry Group revealed on Wednesday, with a PMI score of 43.8.
That's up marginally from the 14-month low 43.6 in October, and it remains well below the boom-or-bust line of 50 that separates expansion from contraction.
The index now has contracted in nine consecutive months.
All of the sub-indexes contracted in November, including deliveries, stocks, employment, new orders and sales.
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