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Australia’s Services PMI Falls to Seven-Month Low of 48.5

The Ai Group Manufacturing Index dropped 13.4 points to -20.1 amid sluggish demand, elevated input costs, labor shortages, shipping disruptions and foreign competition.
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The Ai Group Manufacturing Index dropped 13.4 points to -20.1 amid sluggish demand, elevated input costs, labor shortages, shipping disruptions and foreign competition.