Tag: Output
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.
Eurozone Manufacturing PMI remains in contraction territory in January
The latest S&P Global Eurozone Manufacturing PMI reading rose for a third successive month to 48.8 in January, up from 47.8 in December.
Global Manufacturing PMI’s decline eases in January— JP Morgan
Global manufacturing output and new orders have shown slower contraction in the first month of 2023, resulting in a 49.1 PMI score in January, up from December’s 48.7 rating.
US manufacturing sector sees fastest PMI deterioration in December
US manufacturers have seen a steep decline in the health of the industry during the last month of 2022, according to the latest PMI...
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In an increasingly globalised economy, Australian manufacturers face the dual challenge of managing complex international supply chains while seizing opportunities for global expansion. Trade finance, a crucial financial tool, can help businesses mitigate risks, improve cash flow, and facilitate cross-border trade with confidence.
