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Australia Manufacturing PMI Slips To 48.2 In June

Por: RTTNews Business July 03, 2023

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The manufacturing sector in Australia continued to contract in June, and at a faster pace, the latest survey from Judo Bank revealed on Monday with a manufacturing PMI score of 48.2.That's down from 48.4 in May and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.Incoming new orders for Australian manufactured goods declined again in June on the back of weak underlying demand and pressure on... + full article



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