The manufacturing sector in Australia slipped into contraction territory in January, the latest survey from Judo Bank revealed on Tuesday with a 32-month low manufacturing PMI score of 49.8.
That's down from 50.2 in December and it falls beneath the boom-or-bust line of 50 that separates expansion from contraction.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.