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Australian November PMI falls 0.5 points

By Sam Diakou  || November 30, 2009 at 23:45 GMT
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Australia’s manufacturing sector grew at a slower pace in November, falling 0.5 points to 51.2. The activity was dragged down by a stronger currency and weaker new orders and inventories.

Inventories index fell 6. point to 42.8 but the employment index showed signs of life, rising 9.1 points to 53.7.

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