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home / news releases / FLAU - Lockdown Hits Consumer Services Activity In Australia But Tech Sector Continues Strong Growth Run


FLAU - Lockdown Hits Consumer Services Activity In Australia But Tech Sector Continues Strong Growth Run

  • Broad sector PMI data for Australia show consumer services hard-hit by renewed lockdowns.
  • Financials sector also suffers steep decline as business confidence fades.
  • Technology industry bucks the trend to reach 35-month growth peak.
  • Job creation slows but remains positive as firms predict swift recovery.

For further details see:

Lockdown Hits Consumer Services Activity In Australia, But Tech Sector Continues Strong Growth Run
Stock Information

Company Name: Franklin FTSE Australia
Stock Symbol: FLAU
Market: NYSE

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