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Australia Manufacturing PMI Inches Higher In July

Por: RTTNews Business July 24, 2024

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The manufacturing sector in Australia continued to contract in July, albeit at a slower rate, the latest survey from Judo Bank revealed on Wednesday with a manufacturing PMI score of 47.4.That's up from 47.2 in June, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.Input costs increased, but at a pace that was softer than the series average. Meanwhile, selling prices rose only slightly amid... + full article



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