Sydney News - (AFX UK Focus) 2009-03-03 22:45 Australia's service sector slumps in February (Interactive Investor)

SYDNEY, March 4 (Reuters) - Activity in Australia's service sector slumped anew in February reaching record lows as firms reported big falls in sales, new orders and employment, an industry survey showed on Wednesday. The Australian Industry Group (AiG)-Commonwealth Bank Performance of Services Index (PSI) dived 8.8 points to 32.2 in February, with all sectors reporting weakness in demand. The ...


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