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Contractionary conditions ease for Aussie industries in September – Ai Group

The Ai Group Australian Industry Index has witnessed a reduction in contractionary conditions, marking an improvement of 8.2 points to reach a seasonally adjusted value of -3.5 points in September 2023. 

Eurozone manufacturing PMI at 48.5 in February

The euro area manufacturing purchasing managers’ index (PMI) stood at 48.5 in February, falling slightly from 48.8 in January, while the manufacturing output index nudged above the neutral mark to reach 50.1, up from 48.9 in January.
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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.