Aura Group says Australian business conditions stabilize as inflation pressures ease, NAB survey shows
EWA•Inflation and price pressures ease
Cost and price pressures eased, with softer purchase costs and lower final product prices, including a decline in retail prices.
Middle East hostilities add uncertainty
Renewed Middle East hostilities lifted uncertainty, with higher oil prices risking fresh energy cost pressures and supply-chain disruption.
Profitability and employment remain subdued
Subdued profitability and employment measures signaled below-trend activity, with lower capacity utilization pointing to rising spare capacity.
Australian business conditions stabilize in June
Aura Group analysis flagged a stabilizing Australian business backdrop in June, with conditions steady at +3 for a third month.
Business confidence rose 9 points to -5, the strongest since February, though sentiment stayed negative amid softer demand.
