Tag: manufacturing PMI

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. 

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. 

Australia’s manufacturing industry slipped further into contraction territory in June, led down by the chemicals industry, according to the latest survey from the Ai Group. 

Conditions in the Eurozone manufacturing sector have seen a more intense downturn in June, as production contracts for the third month in a row, according to the latest HCOB PMI survey. 

Conditions in the global manufacturing industry have seen a decline in June as output shrinks to contraction, dragged by a decrease in new order intakes, according to the latest global manufacturing PMI report.  

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. 

The health of the Eurozone’s manufacturing industry reached a four-month low in March with the S&P Global Eurozone Manufacturing PMI reporting a 47.3 rating, down from February’s 48.5. 

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. 

The February Manufacturing PMI in the United States of America has registered 47.7 per cent, 0.3 percentage points higher than the 47.4 per cent recorded in January, according to the nation's supply executives in the latest Manufacturing Institute for Supply Management (ISM) Report On Business.

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.