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Economy And The Numbers

Australia Manufacturing PMI Slips To 51.5 - S&P Global

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The manufacturing sector in Australia continued to expand in February, albeit at a slower pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 51.5.That's down from 52.3 in January, although it remain above the boom-or-bust line of 50 that separates expansion from contraction.According to anecdotal evidence, stability in customer bases, new contract wins and...

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