FOREX TradingCharts.com

Financial News: Australia Manufacturing Sector Accelerates In August - AiG

Australia Manufacturing Sector Accelerates In August - AiG

08/31/2017 - 20:16:00 (RTTNews)

(RTTNews) - The manufacturing sector in Australia expanded for the 11th straight month in August, the latest survey from the Australian Industry Group revealed on Friday with a Performance of Manufacturing Index score of 59.8.

That's up from 56.0 in July, and it represents the highest index reading since 2002. It also moves farther above the boom-or-bust line of 50 that separates expansion from contraction.

Six of the seven activity sub-indexes in the Australian PMI expanded in August.

Production and new orders were especially strong (61.4 and 64.3 points), but they were coupled with a robust expansion in inventories (58.9 points) rather than in sales (50.9 points). Exports contracted mildly (49.3 points).

This suggests current activity is geared towards future orders and stockpiling rather than for immediate delivery. Employment and supplier deliveries expanded at a slower pace in August.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Import And Export Prices Climb More Than Expected (22 min(s), 46 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Tuesday showed increases in U.S. import a ...Full Story»

U.S. Housing Starts Unexpectedly Slide 0.8% In August (29 min(s), 46 sec(s) ago)
(RTTNews) - New residential construction in the U.S. unexpectedly decreased in the month of August ...Full Story»

Hungary's Central Bank Holds Base Rate, Trims Overnight Deposit Rate (42 min(s), 46 sec(s) ago)
(RTTNews) - Hungary's central bank left its key interest rate unchanged for a sixteenth straig ...Full Story»

U.S. Import And Export Prices Climb More Than Expected In August (56 min(s), 46 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Tuesday showed increases in U.S. import a ...Full Story»

U.S. Housing Starts Unexpectedly Drop 0.8% In August (01 hr(s), 01 min(s), 46 sec(s) ago)
(RTTNews) - New residential construction in the U.S. unexpectedly decreased in the month of August ...Full Story»

Poland Industrial Output Growth Tops Expectations; PPI Inflation Accelerates (01 hr(s), 20 min(s), 46 sec(s) ago)
(RTTNews) - Poland's industrial production grew more than forecast in August and producer pric ...Full Story»

German ZEW Economic Confidence Strengthens In September (02 hr(s), 05 min(s), 46 sec(s) ago)
(RTTNews) - Germany's economic confidence strengthened for the first time in four months in Se ...Full Story»

Bulgaria Current Account Surplus Grows In July (02 hr(s), 45 min(s), 46 sec(s) ago)
(RTTNews) - Bulgaria's current surplus increased notably in July from a year ago, figures from ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Import And Export Prices Climb More Than Expected

09/19/2017 - 09:16 AM (RTTNews)
(RTTNews) - A report released by the Labor Department on Tuesday showed increases in U.S. import a ...Full Story>>

U.S. Housing Starts Unexpectedly Slide 0.8% In August

09/19/2017 - 09:09 AM (RTTNews)
(RTTNews) - New residential construction in the U.S. unexpectedly decreased in the month of August ...Full Story>>

Hungary's Central Bank Holds Base Rate, Trims Overnight Deposit Rate

09/19/2017 - 08:56 AM (RTTNews)
(RTTNews) - Hungary's central bank left its key interest rate unchanged for a sixteenth straig ...Full Story>>

U.S. Import And Export Prices Climb More Than Expected In August

09/19/2017 - 08:42 AM (RTTNews)
(RTTNews) - A report released by the Labor Department on Tuesday showed increases in U.S. import a ...Full Story>>

U.S. Housing Starts Unexpectedly Drop 0.8% In August

09/19/2017 - 08:37 AM (RTTNews)
(RTTNews) - New residential construction in the U.S. unexpectedly decreased in the month of August ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.