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Economy And The Numbers

Australia Manufacturing Sector Slips Into Contraction - S&P Global

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

The manufacturing sector in Australia fell into contraction territory in March, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI score of 49.8.That's down from 51.0 in February and it moves beneath the boom-or-bust line of 50 that separates expansion from contraction.Manufacturers posted a renewed fall in new orders at the end of the first quarter, thereby ending a ...

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