Global Economic News

Australia Business Conditions Slip In December - NAB

Business conditions in Australia continue to be stuck in neutral, the latest survey from National Australia Bank revealed on Tuesday - as its index score eased to a three-month low of +4 in December from +5 in November.

Business confidence was up marginally, from +1 in November to +2 in December.

Among the individual components, employment fell from 0 to -1, while profitability dipped from +7 to +6 and sales dropped from +11 to +9.

by RTTNews Staff Writer

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