The manufacturing sector in Australia continued to barely expand in March, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 50.1.
That's unchanged from the February reading and it remains just barely above the boom-or-bust line of 50 that separates expansion from contraction.
Manufacturing data showed cost inflation at a three-and-a half year high despite muted demand for inputs and lower employment. Panel members linked the increase to elevated raw material prices and fuel costs, often a result of war in the Middle East which was also seen to have severely disrupted supply chains.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.