empty
 
 

2020.04.0623:19:00UTC+00Australia Performance Of Service Index Slides In March - AiG

The service sector in Australia continued to contract in March, and at a much faster rate, the latest survey from the Australian Industry Group revealed on Tuesday with a Performance of Service Index score of 38.7.

That's down from 47.0 in February and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.

The services sector is now entering a difficult period of pandemic-related closures and adjustments from a base already weakened by summer's bushfire crisis and by longer-term factors.

The index indicated stable conditions in finance & insurance but contractions in the five other sectors in March.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback