Australia Performance Of Manufacturing Index Slips To 57.4 … RTT
Australia Performance Of Manufacturing Index Slips To 57.4 – AiG
The manufacturing sector in Australia continued to expand in June, albeit at a slower rate, the Australian Industry Group said on Monday with a Performance of Manufacturing
index score of 57.4.
That’s down from the downwardly revised 57.5 in May (originally 57.7), although it remains well above the boom-or-bust line of 50 that separates expansion from contraction.
It marks the 21st straight month of expansion.
Individually, sub-indexes for sales, production, employment, deliveries, new orders, exports and stocks all were in expansion territory.
by RTTNews Staff Writer