Tag: Judo Bank Australia
Judo Bank: Australia’s manufacturing PMI slips to 50.0 in January
The manufacturing sector in Australia slipped into stagnation in January with a manufacturing Purchasing Managers’ Index (PMI) score of 50.0, down from 50.2 in December 2022, marking the conclusion of a 31-month growth streak.
Australian private sector continues to slow down in December
The latest Judo Bank Australia Composite PMI result marks a decline from November’s 48.0 and signals a third consecutive contraction in private sector output.
Australian Manufacturing PMI declines to 50.2 in December— Judo Bank
Market activity in Australia’s manufacturing sector has experienced further contraction at the end of 2022, with the seasonally adjusted S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI) standing at 50.2.
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Unlocking growth: Charting midsize manufacturers’ path with digital solutions
According to a recent study by Oxford Economics, midsized companies in the industrial manufacturing sector are setting their eyes on ambitious growth targets. The research, authored in partnership with SAP, revealed that 38% of industry leaders have identified market expansion as their top priority.
