Australia Business Conditions Index Drops Amid Rising Cost Pressures, NAB Survey Reveals
Australia business conditions index dropped by 1 point to +6, just below its long-run average, following a dip in sales and profit indices, even as cost pressures and price growth measures seem to re-accelerate, a survey by National Australia Bank (NAB) revealed Tuesday. In addition, as the business confidence index fell 5 points to -3 … Read more
