Global Economic News

Australia Service Sector Expands In March - AiG

The service sector in Australia swung to expansion in March, the latest survey from the Australian Industry Group showed on Wednesday with a Performance of Service Index score of 51.7.

That's up from 49.0 in February, and it moves above the boom-or-bust line of 50 that separates expansion from contraction.

Among the individual components, employment and sales moved from contraction to expansion.

by RTTNews Staff Writer

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