Australia – AIG services PMI for October: 47.9 . Quick recap

  • Highest level for the index since March 2013, but still in contraction (i.e. below 50 … where its been since January 2012 … and its longest run of contraction since the index was begun in 2003)
  • Improvements this month in supplier deliveries (expansion at 51.0), employment (up to 48.1)
  • AUD barely responding at all
aig pmi services October 2013

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