NAB June business indices: conditions worsen, confidence improves

09 July 2024

 

Summary: Business conditions deteriorate for fourth consecutive month in June; business confidence improves, still  below average; NAB: condition weaken across range of sectors; ACGB yields decline; rate-rise expectations soften; NAB: lines up with slowing in activity but demand still high relative to supply; capacity utilisation rate up, at elevated level. NAB’s business survey indicated Australian business conditions were robust in the first half of 2018, with a cyclical-peak reached in...

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