Commonwealth Bank of Australia / Markit Manufacturing PMI for August
- CBA Manufacturing PMI (August, Final) 50.9 points, down from 51.6 points in July
Earlier we had:
A snip from the report:
The latest survey signalled a further softening of demand conditions midway through the third quarter. Despite a return to growth in export sales, overall new orders rose at the second weakest pace in the survey history. Anecdotal evidence highlighted higher competition and a weakening housing market as key reasons for lower overall sales