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Australian private sector suffers first drop in new orders since March – Judo Bank

The Judo Bank Flash Australia Composite PMI Output Index posted below the 50.0 no-change mark in August, falling to 47.1 from 48.2 in July, as new orders dipped for the first time in five months.

Australian business activity slows in July with modest drop in new orders – Judo...

Business activity across Australian small and medium-sized enterprises (SMEs) has recorded another marginal decline as the seasonally adjusted Judo Bank Australia SME Business Activity Index fell to 49.1 in July, down from 49.6 in June.

Australian manufacturing PMI indicates stabilisation in July— Judo Bank

Australia’s manufacturing sector has seen signs of stabilisation in July but remained in a downturn, according to the latest Purchasing Manager’s Index (PMI) report from Judo Bank. 

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. 

Australian manufacturing sees continued downturn in June— Judo Bank

Australia’s manufacturing sector has continued to see a decline in June as a sharper contraction in new orders drags production levels at the end of the second quarter of 2023. 

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. 

New orders drag down Australian manufacturing PMI in May— Judo Bank

The health of Australia’s manufacturing industry has continued to see a downturn in May, with the headline seasonally adjusted Judo Bank Australia Manufacturing PMI posting a 48.4, up from April’s 48.0. 

Australian private sector sustains growth despite decline in manufacturing

Australia’s private sector has seen a continued expansion in May, posting above the 50.0 no-change mark for a second consecutive month amid sustained expansion in services activity as manufacturing output shrank for a sixth straight month. 

Australian Manufacturing PMI in April reaches 35-month low amid weak demand

Weak demand in the Australian manufacturing sector has driven the country’s Purchasing Managers Index (PMI) to a 35-month low, according to the latest data from Judo Bank. 

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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