Australia flash PMI slips into contraction as services slump and cost pressures surge
Australia’s flash PMI shows a return to contraction, with services-led weakness and surging cost pressures highlighting a stagflationary backdrop. Summary: Flash Australia composite PMI falls to 47.0 (Feb: 52.4) → first contraction in 18 months Services activity drops sharply to 46.6 (Feb: 52.8) → first decline in over two years Manufacturing PMI eases to 50.1 (Feb: 51.0), while output…









