FOREX TradingCharts.com

Financial News: Australia Manufacturing PMI Slows In June - Markit

Australia Manufacturing PMI Slows In June - Markit

06/22/2021 - 19:15:00 (RTTNews)

(RTTNews) - The manufacturing sector in Australia continued to expand in June, albeit at a slower pace, the latest survey from Markit Economics revealed on Wednesday with a manufacturing PMI score of 58.4.

That's down from 60.4 in May, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction.

The survey also showed that the services PMI fell to 56.0 from 58.0 in June and the composite index slipped to 56.1 from 58.0 a month earlier.

Private sector output continued to expand alongside new orders, though growth slowed due to factors such as the heightened COVID-19 restrictions in Victoria and supply bottlenecks.

Demand growth across both the manufacturing and service sectors slowed in the June update. While manufacturing export orders also rose at a slower pace, foreign demand for Australian services was an exception, with the pace of expansion accelerating to the highest since April 2018.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


New Zealand Unemployment Data Due On Wednesday (36 min(s), 28 sec(s) ago)
(RTTNews) - New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a mode ...Full Story»

Swiss Consumer Confidence Improves Strongly To 11-year High (06 hr(s), 33 min(s), 28 sec(s) ago)
(RTTNews) - Switzerland's consumer confidence rose sharply in July to its highest level in ove ...Full Story»

U.S. Factory Orders Jump More Than Expected In June (08 hr(s), 03 min(s), 28 sec(s) ago)
(RTTNews) - Partly reflecting a sharp increase in orders for non-durable goods, the Commerce Depar ...Full Story»

UAE Non-Oil Private Sector Growth At 2-Year High (11 hr(s), 06 min(s), 28 sec(s) ago)
(RTTNews) - The UAE non-oil private sector growth was the fastest in two years in July, survey res ...Full Story»

Egypt Non-Oil Private Sector Declines In July (11 hr(s), 08 min(s), 28 sec(s) ago)
(RTTNews) - Egypt's non-oil private sector activity contracted at a softer pace in July, surve ...Full Story»

Saudi Arabia Non-Oil Private Sector Growth Eases In July (11 hr(s), 07 min(s), 28 sec(s) ago)
(RTTNews) - Saudi Arabia's non-oil private sector grew at a softer pace in July, survey result ...Full Story»

Latvia Industrial Production Increases In June (12 hr(s), 15 min(s), 28 sec(s) ago)
(RTTNews) - Latvia's industrial production increased in June, data from the Central Statistica ...Full Story»

Eurozone Producer Price Inflation Accelerates In June (12 hr(s), 33 min(s), 28 sec(s) ago)
(RTTNews) - Eurozone producer price inflation accelerated in June on higher energy prices, data fr ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

New Zealand Unemployment Data Due On Wednesday

08/03/2021 - 18:00 PM (RTTNews)
(RTTNews) - New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a mode ...Full Story>>

Swiss Consumer Confidence Improves Strongly To 11-year High

08/03/2021 - 12:03 PM (RTTNews)
(RTTNews) - Switzerland's consumer confidence rose sharply in July to its highest level in ove ...Full Story>>

U.S. Factory Orders Jump More Than Expected In June

08/03/2021 - 10:33 AM (RTTNews)
(RTTNews) - Partly reflecting a sharp increase in orders for non-durable goods, the Commerce Depar ...Full Story>>

UAE Non-Oil Private Sector Growth At 2-Year High

08/03/2021 - 07:30 AM (RTTNews)
(RTTNews) - The UAE non-oil private sector growth was the fastest in two years in July, survey res ...Full Story>>

Saudi Arabia Non-Oil Private Sector Growth Eases In July

08/03/2021 - 07:29 AM (RTTNews)
(RTTNews) - Saudi Arabia's non-oil private sector grew at a softer pace in July, survey result ...Full Story>>

Do not sell my personal information

Copyright © 2021. 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.