Australia private-sector activity continued to expand in August, although momentum eased slightly. PMI Composite Output fell from 53.2 to 52.5, while PMI Services Business Activity eased from 53.6 to 52.9. PMI Manufacturing held at 52.0, but PMI Manufacturing Output slipped from 50.3 to 49.7, indicating a marginal contraction in factory production even as broader manufacturing […]The post Australia PMI Expansion Continues, but Manufacturing Output Slips Back Into Contraction appeared first on ActionForex.