Australia Manufacturing PMI Jumps To 54.2 – AiG

The manufacturing sector in Australia continued to expand in November, and at an accelerated pace, the latest survey from the Australian Industry Group revealed on Thursday with a manufacturing PMI score of 54.2.

That’s up sharply from 50.9 in October, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, new orders, sales, exports, deliveries, production and employment all expanded in November, while inventories slipped into contraction.

The material has been provided by InstaForex Company – www.instaforex.com

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