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Australian S&P Global Composite PMI Final (Jul) 53.20 vs. Exp. 52.6 (Prev. 50.4)
StockNow breaking-news AI analysis
Australia's July Composite PMI final reading of 53.20 beat expectations, signaling accelerated growth. This follows cooling Q2 inflation, which had previously dampened expectations for an immediate RBA interest rate hike.
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