Tag: export orders
Australia’s manufacturing PMI reaches two-year high amid rising orders
Australia's manufacturing sector continued its recovery in February, with the latest S&P Global Australia Manufacturing PMI reaching 50.4, the highest level in two years.Â
JP Morgan global manufacturing PMI dips to nine-month low
The JP Morgan Global Manufacturing PMI has reported a reading of 48.8 for September, indicating a deterioration in overall operating conditions for the third successive month.Â
Australian manufacturing struggles as new orders and production hit record lows – Judo Bank
Australia’s manufacturing sector continued to face significant challenges at the end of the third quarter of 2024, as revealed by the latest Purchasing Manager’s Index (PMI) data from Judo Bank.Â
Australian manufacturing sector faces steepest decline since May 2020, Judo Bank PMI shows
The latest data released by Judo Bank reveals a concerning trend for Australia's manufacturing sector, as conditions deteriorated at the fastest rate since May 2020.
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Responding to manufacturing demand and performance signals
Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.
