Oz Blog News Commentary

NAB business survey falls apart

March 12, 2019 - 11:54 -- Admin

The Aussie data just keeps getting worse. The NAB February business survey was poor again: Check out the internals with confidence and conditions sinking: Leading indicators like forward orders and capex crashed with capacity utilisation: More on the last: There goes inflation and wages growth! The only sliver lining was employment still holding a good

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