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Manufacturing performance weakens as industry activity improves, Ai Group reports

Australia’s manufacturing sector continued to weaken in October, led by a sharp decline in the metals sector, even as overall industry conditions showed signs of stabilising, according to the latest Australian Industry Index released by the Australian Industry Group (Ai Group).

Manufacturing shows mixed signals as industry contraction deepens in October – Ai Group

In October, Australia’s manufacturing sector exhibited signs of improvement, yet remained under significant pressure, according to the latest Ai Group’s Australian Industry Index.

Australian industry faces prolonged contraction, -22.4 index rating in November

The overall Ai Group Australian Industry Index has plummeted 12.5 points to -22.4 points in November, signalling strong contractionary conditions.
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