FOREX TradingCharts.com
HOMECHARTS & QUOTESFOREX NEWSFOREX QUOTESLEARN FOREXFOREX BROKER LISTBOOKMARKFEEDBACK

Financial News: Australia Manufacturing PMI Slows In May - S&P

Australia Manufacturing PMI Slows In May - S&P Global

06/01/2025 - 19:13:00 (RTTNews)

(RTTNews) - The manufacturing sector in Australia continued to expand in May, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.0.

That's down from 51.7 in April, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

Incoming new orders expanded midway through the second quarter. This included better export demand, as orders from abroad grew for the first time in three months. The rate of overall new business growth softened to a three month low in May, however. This was partly attributed to the federal election.

Manufacturing production was also impacted, contracting for only the second time in the year-to-date. The rate of reduction was marginal but nevertheless led to the stalling of post-production inventory levels following two consecutive months of accumulation.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


South Korea GDP Shrinks 0.2% In Q1 (01 hr(s), 43 min(s), 22 sec(s) ago)
(RTTNews) - South Korea's gross domestic product contracted a seasonally adjusted 0.2 percent ...Full Story»
Australia Trade Data On Tap For Thursday (03 hr(s), 01 min(s), 22 sec(s) ago)
(RTTNews) - Australia will on Thursday release April figures for imports, exports and trade balanc ...Full Story»
Luxembourg Inflation Accelerates For Second Month (09 hr(s), 31 min(s), 22 sec(s) ago)
(RTTNews) - Consumer price inflation in Luxembourg climbed for a second month in a row in May, dri ...Full Story»
South Africa Business Confidence Weakens In Q2 (09 hr(s), 52 min(s), 22 sec(s) ago)
(RTTNews) - Business sentiment in South Africa deteriorated in the second quarter, which was the f ...Full Story»
Cyprus Registered Unemployment Declines Further In May (10 hr(s), 05 min(s), 22 sec(s) ago)
(RTTNews) - The number of registered unemployed in Cyprus continued to decrease in May from the pr ...Full Story»
U.S. Crude Oil Inventories Fall Much More Than Expected (10 hr(s), 25 min(s), 22 sec(s) ago)
(RTTNews) - After reporting an unexpected decrease by U.S. crude oil inventories in the previous w ...Full Story»
Brazil Services Activity Remains In Contraction (10 hr(s), 32 min(s), 22 sec(s) ago)
(RTTNews) - Brazil's service sector continued to deteriorate in May amid a further fall in new ...Full Story»
U.S. Services Index Unexpectedly Indicates Slight Contraction In May (10 hr(s), 43 min(s), 22 sec(s) ago)
(RTTNews) - Service sector activity in the U.S. unexpectedly saw a slight contraction in the month ...Full Story»
Search

INTERNATIONAL FINANCIAL NEWS

South Korea GDP Shrinks 0.2% In Q1

06/04/2025 - 19:18 PM (RTTNews)
(RTTNews) - South Korea's gross domestic product contracted a seasonally adjusted 0.2 percent ...Full Story>>

Australia Trade Data On Tap For Thursday

06/04/2025 - 18:00 PM (RTTNews)
(RTTNews) - Australia will on Thursday release April figures for imports, exports and trade balanc ...Full Story>>

Luxembourg Inflation Accelerates For Second Month

06/04/2025 - 11:30 AM (RTTNews)
(RTTNews) - Consumer price inflation in Luxembourg climbed for a second month in a row in May, dri ...Full Story>>

South Africa Business Confidence Weakens In Q2

06/04/2025 - 11:09 AM (RTTNews)
(RTTNews) - Business sentiment in South Africa deteriorated in the second quarter, which was the f ...Full Story>>

Cyprus Registered Unemployment Declines Further In May

06/04/2025 - 10:56 AM (RTTNews)
(RTTNews) - The number of registered unemployed in Cyprus continued to decrease in May from the pr ...Full Story>>
USDCAD
Economic CalendarForex GlossaryForeign Exchange RatesForex Currency TradingForex ChartsPrivacy Policy Translate AdvertiseContact Us

Do not sell my personal information

Copyright © 2025. 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.