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Australia's October PMI revised down to 49.6; inflation gauge accelerates to 0.5%

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Summary

Seeking Alpha reports that Australia's October PMI was revised down to 49.6, while an inflation gauge accelerated to 0.5%. The available material is the headline only, so no further details about the survey, the inflation measure or the reasons for the revision are included here.

This continues an earlier story: Australia's inflation rate rises to 4.3%, raising expectations of another interest rate hike

Timeline

  1. Seeking Alpha

    Source ↗

    Seeking Alpha reports that Australia's October PMI was revised down to 49.6 and that an inflation gauge accelerated to 0.5%.

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