Australian Performance of Manufacturing Index
Australian manufacturing recovery slows
The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) eased by 0.4 points to 51.2 in September, indicating a weaker rate of expansion across manufacturing and effectively stalling a solid period of recovery since late 2020 (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). […]
Australian Manufacturing stabilises in November
The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) declined by 4.2 points to 52.1 in November, indicating expanding conditions but at a slower rate than in October (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). Ai Group chief executive Innes Willox said, “The […]