-
AU output rises for first time in four months
Australian companies increased business activity for the first time in four months during May amid signs of a pickup in demand following a recent soft patch. New orders rose at the fastest pace in 2019 so far. Firms took on extra staff after reducing employment during April, while business confidence improved. On the price front, both input costs and output prices increased at sharper rates than were recorded in April. The headline figure derived from the survey is the Commonwealth Bank of Australia Flash Composite Output Index, which is designed to provide timely indications of changes in output in the Australian ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- May 22, 2019 7:36pm May 22, 2019 7:36pm
- DonFF
- | Commercial Member | Joined Nov 2014 | 1969 Comments
- Comment #2
- Quote
- May 22, 2019 8:19pm May 22, 2019 8:19pm
- cogs
- | Joined Jul 2010 | Status: Member | 221 Comments
My comments are not to be taken as trading advice, not a financial advisor
- Comment #3
- Quote
- May 22, 2019 8:20pm May 22, 2019 8:20pm
- FollowBigBoy
- | Joined May 2019 | Status: Member | 14 Comments
- Comment #4
- Quote
- May 22, 2019 8:48pm May 22, 2019 8:48pm
- DonFF
- | Commercial Member | Joined Nov 2014 | 1969 Comments