FOREX TradingCharts.com

Financial News: Australia Manufacturing PMI Ebbs In August - S&P

Australia Manufacturing PMI Ebbs In August - S&P Global

08/31/2022 - 19:11:00 (RTTNews)

(RTTNews) - The manufacturing sector in Australia continued to expand in August, albeit at a slower pace, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 53.8.

That's down from 55.7 in July, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

Manufacturing production expanded for a seventh consecutive month in August amid reports of reductions in staff absenteeism and sales growth. That said, the rate of increase was mild overall and the slowest in three months.

Meanwhile, growth in new orders was solid but eased to a seven-month low. Inflationary pressures and a general lack of consumer confidence reportedly contributed to the weaker upturn. August data similarly signaled a softer expansion in foreign demand.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


South Africa PPI Inflation Slows More Than Forecast (03 hr(s), 48 min(s), 37 sec(s) ago)
(RTTNews) - South Africa's producer price inflation eased more-than-expected in August, figure ...Full Story»

Czech Central Bank Keeps Rates On Hold (04 hr(s), 05 min(s), 37 sec(s) ago)
(RTTNews) - The Czech National Bank kept its key interest rates unchanged for the second straight ...Full Story»

U.S. GDP Declines 0.6% In Q2, Unrevised From Previous Estimate (04 hr(s), 17 min(s), 37 sec(s) ago)
(RTTNews) - The Commerce Department released its third estimate of U.S. economy activity in the se ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Dip To Five-Month Low (04 hr(s), 36 min(s), 37 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly fell to a five-month low ...Full Story»

German Inflation Sets New Record High Of 10% (04 hr(s), 51 min(s), 37 sec(s) ago)
(RTTNews) - Germany's consumer price inflation accelerated at a faster-than-expected pace to a ...Full Story»

UK Car Production Rises For Fourth Straight Month: SMMT (04 hr(s), 51 min(s), 37 sec(s) ago)
(RTTNews) - UK car production increased for the fourth straight month in August but volumes still ...Full Story»

Q2 Decline In U.S. GDP Unrevised At 0.6% (05 hr(s), 01 min(s), 37 sec(s) ago)
(RTTNews) - The Commerce Department released its third estimate of U.S. economy activity in the se ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Dip To 193,000 (05 hr(s), 07 min(s), 37 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly fell to a five-month low ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

South Africa PPI Inflation Slows More Than Forecast

09/29/2022 - 09:56 AM (RTTNews)
(RTTNews) - South Africa's producer price inflation eased more-than-expected in August, figure ...Full Story>>

Czech Central Bank Keeps Rates On Hold

09/29/2022 - 09:39 AM (RTTNews)
(RTTNews) - The Czech National Bank kept its key interest rates unchanged for the second straight ...Full Story>>

U.S. GDP Declines 0.6% In Q2, Unrevised From Previous Estimate

09/29/2022 - 09:27 AM (RTTNews)
(RTTNews) - The Commerce Department released its third estimate of U.S. economy activity in the se ...Full Story>>

U.S. Weekly Jobless Claims Unexpectedly Dip To Five-Month Low

09/29/2022 - 09:08 AM (RTTNews)
(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly fell to a five-month low ...Full Story>>

UK Car Production Rises For Fourth Straight Month: SMMT

09/29/2022 - 08:53 AM (RTTNews)
(RTTNews) - UK car production increased for the fourth straight month in August but volumes still ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.