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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. 

Australian manufacturing PMI sees stability amid improvement in new orders

Australia’s manufacturing sector has seen a further expansion in February amid a moderated decrease in new orders as firms worked through their outstanding orders. 

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.