Global Economic News

Australia Manufacturing Index Inches Higher To 48.3 - AiG

The manufacturing sector in Australia continued to contract in December, albeit at a slower rate, the latest survey from the Australian Industry Group revealed on Monday with a Performance of Manufacturing Index score of 48.3.

That's up from 48.1 in November, although it remain beneath the boom-or-bust line of 50 that separates expansion from contraction.

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by RTTNews Staff Writer

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