Tag: Judo Bank Flash Australia Composite PMI
Australian private sector dips for the first time since March— Judo Bank PMI report
Business activity in Australia’s private sector fell for the first time in four months, with Judo Bank’s latest Flash Australia Composite PMI report dropping to 48.3 from June’s 50.1.Â
Australian private sector continues expansion streak in June— Judo Bank
Australia’s private sector has remained in expansion at the end of the second quarter of the year, despite the manufacturing sector posting below the 50.0 neutral mark in June, according to the Judo Bank’s latest PMI report.Â
Australian private sector activity dragged down by low business activity in March
Australian private sector’s output slumped in March following a deterioration in demand conditions that led to lower business activity.Â
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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.
