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The CommBank HSI Index fell by 3.8%/mth in April 2022 to take the index down to 112.3. The fall in April came after a seasonally strong March reading that was boosted by strength in 11 out of the 12 categories. There is volatility month to month in the CommBank HSI readings due to seasonal patterns. April is generally weak due to additional public holidays falling in the month including in April 2022, where the Easter long weekend and ANZAC Day holidays occurred.
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