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Australia Manufacturing PMI Improves To 49.6 In July

Por: RTTNews Business July 24, 2023

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The manufacturing sector in Australia continued to contract in July, albeit at a slower pace, the latest survey from Judo Bank revealed on Monday with a manufacturing PMI score of 49.6.That's up from 48.2 in June, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.Total new orders and new export both declined again in July, but at reduced rates amid some signs of demand stabilization. There... + full article



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