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Aussie flash PMI craters into Morricession

Aussie flash PMI craters into Morricession
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Aussie flash PMI crashes into Morrison's recession

MacroBusiness
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at 9:15 am on July 23, 2021 | 8 comments
Into the Morrison Idiot recession we go. Remember that vaccines “are not a race” and we do not need to centralise hotel quarantine in the bush. Via Markit comes the crashing Aussie flash PMI:
The growth streak for the Australian private sector ended in July according to Flash PMI® data which showed business activity in contraction. Survey respondents signalled that renewed restrictions, brought about by the spread of the Delta variant of the COVID-19 virus, affected demand and output in the country. Business sentiment likewise softened in the month. That said, employment and price gauges remained in growth, albeit showing softer readings compared to June. ....

Markit Flash Services Business Activity Index , Morrison Idiot , Flash Australia Composite Output , Flash Services Business Activity Index , மார்க்கிட் ஃபிளாஷ் சேவைகள் வணிக நடவடிக்கை குறியீட்டு , ஃபிளாஷ் சேவைகள் வணிக நடவடிக்கை குறியீட்டு ,