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Australian manufacturing PMI ends 2023 with continued downturn – Judo Bank

Contractionary conditions in the Australian manufacturing sector persisted to the end of 2023 as domestic and global demand continued to decline, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank. 

Australian manufacturing PMI reports continued contraction in November

Downturns in Australia’s manufacturing industry persisted in November, resulting in the lowest reading in the eight-year history of Judo Bank’s Purchasing Manager’s Index (PMI) survey outside of lockdown periods. 

New orders drag down Australian manufacturing PMI in September, says Judo Bank

Australia’s manufacturing industry continued to see deteriorating conditions in September amid a sharper decline in new orders, including from abroad. 

Australian manufacturing PMI enters contraction territory in March

Australia’s manufacturing sector saw a mild decline in March, due to lower market demand that reduced output and inventory levels, marking the first PMI contraction since May 2020. 
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