Australia NAB Business Confidence Sinks to -13, But Capacity Pressures Persist

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Australia’s NAB Business Confidence Index fell from -9 to -13 in September, marking its third consecutive monthly decline as businesses faced a combination of higher interest rates, global uncertainty and elevated fuel costs. Confidence is now 18 points below its long-run average and ranks among the weakest 5% of readings in the survey’s history. NAB […]The post Australia NAB Business Confidence Sinks to -13, But Capacity Pressures Persist appeared first on ActionForex.