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.
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.
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.