SYDNEY, Nov 4, 2009 (Asia In Focus via COMTEX News Network) -- Activity in the services sector has expanded into the black for the first time in 19 months, as more Australians consume retail goods and recreational services. The Australian Industry Group COMMONWEALTH BANK Performance of Services Index (PSI) rose by a seasonally adjusted 5.5 points to 54.8 in October.

* It was the first time the PSI has been above the 50 level that separates expansion from contraction since March 2008.

* "The move into positive territory in the services sector reflects improved demand for services driven by a marked lift in consumer confidence," Australian Industry Group (Ai Group) Chief Executive Heather Ridout said in a statement on Wednesday.

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