CBA /
Markit services PMI for May for Australia
Services 55.9
- prior 55.2
Composite 55.6
- prior 55.3
'Key finding':
Australia's services activity continued to grow markedly in
May. New business inflows increased at a strong pace,
encouraging firms to raise workforce numbers. Additional
staff hires were also reported to have been one of the
factors driving up input costs. To offset this, firms took
advantage