ONLY CHARTS #287
Aus company insolvencies, NZ PMI, NZ housing prices, China activity, US consumer expectations
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1. The number of company insolvencies in Australia remained at a high level in February.
The cumulative number of company insolvencies, however, remained below the pre-pandemic trend.
2. New Zealand’s composite PMI - the PCI - dipped back to 49.5 in February but has improved significantly over the past year or so.
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