Australian PSI: Services sector slips deeper into the red in April

In a further indication of a softening economy, the services sector moved deeper into the red in April according to the latest Australian Industry Group/Commonwealth Bank Australian Performance of Services Index (Australian PSI®). The Australian PSI® was down 5.5 points to 44.1 in April (readings…

Original post:
Australian PSI: Services sector slips deeper into the red in April