Global Economic News

Australia Manufacturing PMI Sinks Further Into Contraction - Judo Bank

The manufacturing sector in Australia continued to contract in April, and at a faster rate, the latest survey from Judo Bank revealed on Monday with a 35-month low manufacturing PMI score of 48.0.

That's down from 49.1 in March and it moves further 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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