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Australia Manufacturing PMI Steady In August

Por: RTTNews Business September 01, 2023

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The manufacturing sector in Australia continued to contract in August, and at a steady pace, the latest survey from Judo Bank revealed on Friday with a manufacturing PMI score of 49.6.That's unchanged from the July reading and it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.Underpinning the latest worsening of manufacturing sector conditions was another fall in overall new orders. Incoming new work... + full article



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