The two data points are here:
Australia manufacturing PMI for May: 52.7 (prior 54.8)
(Another) Australia manufacturing PMI for May: 51.0 (prior 50.9)
Adding in some info on the first of those, the Australian Industry Group Performance of Manufacturing Index for May, in brief:
Three of the six sectors expanded in May
- food & beverages sector, Chemical and 'building materials, wood, furniture and other' manufacturers
- metal products and machinery & equipment sectors contracted further
wages and prices
- input price index rose
- Elevated energy prices remain the largest concern for many manufacturers,
- average wage index and the selling prices index eased in May but remained at expansionary levels.
Five of the seven activity indices indicated expanding conditions
two indicated broadly stable conditions
- All slowed in May except for the employment and finished stocks indices
- employment index recovered in May, lifting by 3.6 points to 55.1 points. This rebound in the employment index is a positive development, after the index fell into contraction at the end of 2018
- production index experienced its largest single-month fall since October 2017 (-6.9 points).