India, Aug. 4 -- The services sector in Australia continued to expand in July, and at a faster rate, the latest survey from S&P Global revealed on Wednesday with a services PMI score of 53.6.
That's up from 50.5 in June, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
The overall expansion in business activity was centered on the real estate and business services and information and communication categories, while transport and storage remained under pressure at the start of the second half of the year.
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