Nationwide Australia Financial institution enterprise survey September 2024
Enterprise confidence -2
- prior -5
Enterprise situations +7
- prior +4
NAB commentary:
- “A few of final month’s fall in confidence was reversed in
September however confidence stays nicely beneath common,” -
“Apparently, as we expect we’re passing by way of the
weakest level in financial development for this cycle, enterprise
situations have broadly tracked round common by way of
mid-2024.”
Circumstances sub-measure employment +5 after +1 in August
Labour prices barely eased to +1.7 from +1.8
in August
Buy prices fell to +1.2 from +1.6
This text was written by Eamonn Sheridan at www.forexlive.com.
