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Australia Services PMI Improves To 50.8 - S%P Global

RTTNews | 66 दिनों पहले

Australia Services PMI Improves To 50.8 - S%P Global

(RTTNews) - The services sector in Australia continued to expand in December, and at a faster rate, the latest survey from S&P Global revealed on Monday with a services PMI score of 50.8.

That's up from 50.5 in November, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Optimism improved, rising to the highest level in just over two-and-a-half years. That said, employment fell for the first time since August 2021 as capacity pressure softened. Finally, input cost inflation intensified at the end of 2024, leading to a more pronounced rise in average charges.

The rate of input cost inflation was also the highest in three months and fractionally below the series average. Likewise output charges rose at a faster pace that was just below the long-run average as Australian service providers opted to share additional cost burdens with clients wherever possible.

टैग: AUD

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Australia GDP Growth Tops Expectations

Australia GDP Growth Tops Expectations

Australia's economy logged a faster-than-expected growth in the fourth quarter underpinned by exports and government spending, data from the Australian Bureau of Statistics revealed on Wednesday. Gross domestic product climbed 0.6 percent sequentially in the December quarter, following a 0.3 percent rise in the September quarter. GDP was expected to grow 0.5 percent in the fourth quarter.

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RBA Cautious About Further Easing, Minutes Show

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The Reserve Bank of Australia is cautious about lowering the benchmark interest rate further and the decision to cut the rate in February does not mean that the bank is committed to cut again at coming meetings. At the February meeting, the bank had reduced the interest rate for the first time since 2020. The rate was lowered by 25 basis points to 4.10 percent.

RTTNews | 9 दिनों पहले

Australia Private Sector Credit Rises 0.5% In January

Australia Private Sector Credit Rises 0.5% In January

Total credit in Australia was up 0.5 percent on month and 6.5 percent on year in January, the Reserve Bank of Australia said on Friday.

RTTNews | 13 दिनों पहले

Australia Capex Slips 0.2% In Q4

Australia Capex Slips 0.2% In Q4

The total value of new capital expenditure in Australia was down a seasonally adjusted 0.2 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Thursday - coming in at A$43.961 billion.

RTTNews | 14 दिनों पहले

Australia Inflation Steady At 2.5%

Australia Inflation Steady At 2.5%

Australia's consumer price inflation unexpectedly remained unchanged in January supporting the case for further monetary policy easing. The consumer price index registered a steady growth of 2.5 percent in January, data from the Australian Bureau of Statistics showed on Wednesday. Prices were expected to climb 2.6 percent.

RTTNews | 15 दिनों पहले

Australia Construction Work Climbs 0.5% In Q4

Australia Construction Work Climbs 0.5% In Q4

The value of total construction work done in Australia was up a seasonally adjusted 0.5 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Wednesday - coming in at A$73.936 billion.

RTTNews | 15 दिनों पहले

Australia Jobless Rate Ticks Up To 4.1% In January

Australia Jobless Rate Ticks Up To 4.1% In January

The unemployment rate in Australia came in at a seasonally adjusted 4.1 percent in January, the Australian Bureau of Statistics said on Thursday - in line with expectations and up from 4.0 percent in December.

RTTNews | 21 दिनों पहले

Australia Wage Price Index Adds 0.7% In Q4

Australia Wage Price Index Adds 0.7% In Q4

Australia's wage price index was up 0.7 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Wednesday.

RTTNews | 22 दिनों पहले

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उच्च जोखिम चेतावनी: फॉरन एक्सचेंज ट्रेडिंग में उच्च स्तर का खतरा होता है जो हर निवेशकों के लिए सही नहीं हो सकता. लीवरेज अधिकतम खातर और हानि के अनावरण को उत्पन्न करता है. इससे पहले कि आप निर्णय लें फॉरन एक्सचेंज में ट्रेड करने का, ध्यान अपने निवेश के उद्देश्यों, अनुभव स्तर, और खतरा उठाने की सहिष्णुता पर विचार करें. आप कुछ या अपनी प्रारंभिक निवेश को खो सकते हैं. बिल्कुल भी उस पैसे को निवेश ना करें जो आप खोने को बर्दाश्त नहीं कर सकते. अपने आप को शिक्षित करें उन खतरों से जो फॉरन एक्सचेंज ट्रेडिंग से संबंधित हैं, और सलाह लें किसी स्वतंत्र आर्थिक या कर सलाहकार से अगर आपके पास कोई भी प्रश्न हैं तो. कोई भी डाटा या जानकारों जो दी जाती है वे केवल सूचनात्मक उद्देश्यों के लिए है, और यब ट्रेडिंग आशय या सलाह पर नियत नहीं है. पिछले निष्पादन भविष्य के परिणामों के लिए परियाचक नहीं हैं.