Australia's services sector has expanded for the second month in a row, boosted by the finance and insurance, and the health and community services sub-sectors.
The Australian Industry Group's Performance of Services Index (PSI) fell 1.5 points to 50.2 in March, but stayed above the 50 level, which separates expansion from contraction.
Ai Group chief executive Innes Willox said that although the services sector was starting to bounce back, many businesses were wary about the strength of the recovery.
"Businesses contributing to the Australian PSI survey expressed ongoing concerns about weak local economic conditions, fragile consumer and business sentiment, and a low appetite for investment," he said.
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