Australia - AiG Manufacturing PMI for February comes in at an improved 58.8
Australian Industry Group Performance of Manufacturing Index
prior 55.3
Deep in expansion, and its highest since March of 2018. An encouraging sign.
Some of the sub-indexes:
- production 65.87 +8.9
- New orders 59.97 +5.3
- Stocks 48.07 -5.5 pts
- Average wages 58.27 +1.8 pts
Graph via Goldman Sachs:
