.The preliminary readings for September are actually below: Australia initial September PMI: Production 46.7 (prior 48.5) Companies 50.6 (prior 52.5) Finals are actually, solutions 50.5 composite 49.6 In short from the report: Last September PMI confirms slow economical growth, similar to Show off release.Services field continues broadening, increasing staffing, however at a slower pace than very early 2024. Business price pressures remain, more difficult to pass on to consumers.Service sector activity continues to be over neutral however has decreased, along with brand new business mark balancing 51.4 in the last three months.Limited economic increase from tax reduces and stimulation RBA likely to keep cash rate.Employment growth operational industry slowing down social market requirement aids make up for economic sector decline.Output rate pressures dropping, however input costs still high, confining profitability.Business expectation relies on house costs rebound in FY25.This short article was created through Eamonn Sheridan at www.forexlive.com.