Australia's factory growth eases to 51.3 in July, despite stronger production

17 hours ago 1
Australian Flag and Economic Downturn With Stock Exchange Market Indicators in Red

ronniechua

Australia's manufacturing sector saw a modest expansion in July, with the S&P Global Manufacturing PMI easing slightly to 51.3 from 51.6 in June.

Despite facing weak demand and reduced staffing, firms recorded their strongest production growth since May 2022. However, this growth was

Recommended For You

More Trending News

Read Entire Article