A second Australian manufacturing PMI, this is the CBA/Markit Manufacturing Final PMI for May
Up from April, down from preliminary for May …. drum roll please …. result is 51.0
- preliminary for May was 51.1
- previous (for April) was 50.9
Summary of details:
- rise in production
- stronger growth in new orders
- Export sales recovered
- firms raised purchasing activity
- input stocks fell for the first time in nearly three years
- employment remained stagnant.
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Earlier: