Australia’s manufacturing sector has returned to growth by a slim margin, according to the Australian Industry Group’s Performance of Manufacturing Index.
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Australian manufacturing contracts for eight straight month
The overall Performance of Manufacturing Index was down slightly in June, falling 0.3 points to 48.9.
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May PMI improves on April result, remains in negative territory
The Australian Industry Group Performance of Manufacturing Index recorded a score of 43.8 for May, an improvement on the previous month but continuing the industry’s contraction for the 23rd straight month.
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Manufacturing shrunk in November, says AIG PMI figures
The Australian Industry Group – PwC Australian Performance of Manufacturing Index shows that the industry shrunk in November.
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Industry needs structural change to be sustainable: ACCI
Industry leaders have commented on the pressures facing manufacturers, following yesterday’s poor PMI result.
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Manufacturing still shrinking
The Australian Industry Group/PwC Performance of Manufacturing Index crept up five points to 45.3 for the month of August, but the sector continues to shrink.
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US, Europe manufacturing deteriorate to post-recession levels
Manufacturing growth across Europe and the US slowed during July, the latter reporting the second-weakest month of activity since the recession, according to statistics.
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Carbon tax, imports blamed for lowest manufacturing activity in 9 months
In worrying news for Australian manufacturers, industry activity dropped again during May, reaching its lowest level in nine months, according to an Australian Industry Group (Ai Group) report.
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Production, new orders fall sharply during April
Manufacturing was back in the red last month, with production falling sharply to 43.9 PMI points, according to the latest Australian Industry Group - PwC Australian Performance of Manufacturing Index (Australian PMI).
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Soft demand, strong dollar pushes manufacturing into negative in March
The Australian manufacturing sector moved into negative territory in March as the strong Australian dollar and softer demand continued to affect growth in the sector, Ai Group reports following PMI result for March.
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