India, June 2 -- The services sector in Australia slipped into the red in May, the latest survey from S&P Global revealed on Wednesday with a services PMI score of 48.7.That's down from 50.7 in April and it falls beneath the boom-or-bust line of 50 that separates expansion from contraction.Reduced demand, market uncertainty and higher prices due to the war in the Middle East were behind the fall in business activi...
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