.The preliminary readings for September are actually listed here: Australia initial September PMI: Production 46.7 (prior 48.5) Services 50.6 (prior 52.5) Finals are, solutions 50.5 composite 49.6 Concisely from the file: Final September PMI affirms slow-moving financial growth, comparable to Show off release.Services market continues growing, increasing staffing, however at a slower speed than early 2024. Business cost stress stay, more difficult to hand down to consumers.Service field activity stays above neutral however has reduced, along with brand new business mark balancing 51.4 in the last three months.Limited financial boost coming from tax obligation decreases and stimulation RBA likely to keep cash money rate.Employment growth operational sector slowing social field need assists offset economic sector decline.Output cost tensions falling, however input expenses still high, confining profitability.Business expectation depends on home costs rebound in FY25.This post was written through Eamonn Sheridan at www.forexlive.com.