Australia’s private sector expanded more strongly in July, with the S&P Global Composite PMI rising from 51.6 to 53.6. Services led the way with a sharp rise from 51.8 to 53.8. Manufacturing returned to firmer growth at 51.6, up from 50.6. S&P Global noted that business activity growth “hastened” at the start of Q3, supported […]The post Australia PMI composite surges to 53.6, but inflation concerns linger appeared first on Action Forex.