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2018.10.3117:55:00UTC+00Australia Performance Of Manufacturing PMI Slows To 58.3 - AiG

The manufacturing sector in Australia continued to expand in October, albeit at a slightly slower rate, the latest survey from the Australian Industry Group revealed on Thursday with a Performance of Manufacturing Index score of 58.3.

That's down from 59.0, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, production, employment, employment, new orders, supplier deliveries, finished stocks, exports, sales, input prices, selling prices, average wages and capacity utilization all remained well in expansion territory.

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