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22.04.202623:30:39UTC+00Australia Manufacturing Returns to Growth

The S&P Global Australia Manufacturing PMI rose to 51.0 in April 2026 from a final reading of 49.8 in March, according to preliminary data. This signaled a return to expansion for the sector. Although output continued to contract, the rate of decline eased. In contrast, new orders, employment, and inventories all slipped further, albeit at modest rates, underscoring the persistence of weak demand.

Supply chains faced renewed pressure amid disruptions associated with the conflict in the Middle East. Supplier delivery times lengthened at the fastest rate since mid-2022, reflecting delays along key shipping routes. At the same time, higher fuel and freight costs pushed input price inflation to its highest level in nearly four years, intensifying pressure on manufacturers’ profit margins.

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