Australia's Judo Bank Services Purchasing Managers Index Business Activity index fell to 52.5 MoM in May, down from the previous month's 53.6, marking in a second straight month of declines. Despite the easing headline figure, Services activity chalked in a fourth consecutive month of expansion in serivces business activity, albeit on a softer tone.
6700 handle on Tuesday. About Australia'sJudo Bank Services PMI The Services Purchasing Managers Index , released on a monthly basis by Judo Bank and S&P Global, is a leading indicator gauging business activity in Australia’s services sector. The data is derived from surveys of senior executives at private-sector companies from the services sector.
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