Financial News: Australia Manufacturing Sector Picks Up Steam In June

Australia Manufacturing Sector Picks Up Steam In June - S&P Global

06/30/2026 - 19:16:00 (RTTNews)

(RTTNews) - The manufacturing sector in Australia continued to expand in June, and at a gaster pace, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI core of 51.5.

That's up from 50.7 in May and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

The headline PMI pointed to a modest monthly improvement in the health of the sector amid increases in employment and stocks of purchases, as well as a further marked lengthening of suppliers' delivery times, the index for which is inverted in the PMI calculation to reflect the fact that longer lead times are typically associated with pressure on capacity due to improving demand.

In contrast, both output and new orders continued to fall in June. New business decreased modestly amid reports from panelists that uncertainty among clients and rising prices had limited demand.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Manufacturing Sector Picks Up Steam In June - S&P Global (01 hr(s), 25 min(s), 25 sec(s) ago)
(RTTNews) - The manufacturing sector in Australia continued to expand in June, and at a gaster pac ...Full Story»

BoJ Tankan Survey Due On Wednesday (02 hr(s), 39 min(s), 25 sec(s) ago)
(RTTNews) - The Bank of Japan will on Monday release its quarterly Toankan Survey of business sent ...Full Story»

Slovenia Inflation Remains Stable At 3.6% (09 hr(s), 34 min(s), 25 sec(s) ago)
(RTTNews) - Slovenia's consumer price inflation held steady in June after accelerating in the ...Full Story»

Portugal Inflation Eases To 3.2% In June (09 hr(s), 59 min(s), 25 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation moderated slightly in June amid a reduction in ...Full Story»

U.S. Consumer Confidence Index Inches Slightly Higher In June (10 hr(s), 14 min(s), 25 sec(s) ago)
(RTTNews) - A report released by the Conference Board on Tuesday showed a modest increase by its U ...Full Story»

Poland Inflation Eases To 4-month Low (10 hr(s), 16 min(s), 25 sec(s) ago)
(RTTNews) - Poland's consumer price inflation eased further in June to the lowest in four mont ...Full Story»

U.S. Job Openings Nearly Unchanged In May (10 hr(s), 25 min(s), 25 sec(s) ago)
(RTTNews) - Job openings in the U.S. were nearly unchanged in the month of May, according to a rep ...Full Story»

Chicago Business Barometer Pulls Back Sharply But Still Indicates Growth (10 hr(s), 34 min(s), 25 sec(s) ago)
(RTTNews) - After reporting a spike by its reading on Chicago-area business activity in the previo ...Full Story»