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Manufacturing remains in deep contraction in May, according to report

The Australian PMI recovered marginally in May but remained in deep contraction in as COVID-19 restrictions affected demand across the board.  According to Ai Group’s latest...
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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.