0 is a 4.5 year low
Business confidence index rises to +2
vs -1 in AprilSome of the sub measures:
sales index +5 in May vs. +6 in Aprilemployment index 0 vs 4 in Aprilprofitability unchanged at -4NAB chief economist Sally Auld
"By industry, the persistent weakness in retail business conditions and confidence aligns with the softer-than-expected pick-up in consumption over Q1""Our measures of profitability and trading conditions are notably weaker in retail than other industries"'Overall, this survey highlights that business conditions remain weak amid ongoing profitability pressures and soft demand, with signs of a further softening in labour demand.'"We will watch whether there is a more sustained softening in labour demand, with the employment index easing to below average levels" This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about australian may 2025 business confidence 2 prior 1 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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