empty
 
 

2021.04.0100:10:00UTC+00Australia Manufacturing Sector Accelerates In March - AiG

The manufacturing sector in Australia continued to expand in March, and at a faster pace, the latest survey from the Australian Industry Group revealed on Thursday with a seasonally adjusted Performance of Manufacturing Index score of 59.9.

That's up from 58.8 in February and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

All six manufacturing sectors reported positive trading conditions during March, with especially buoyant conditions reported by manufacturers in machinery and equipment and textiles clothing, footwear, paper & printing products.

This was the highest monthly result for the index since March 2018 and a sixth consecutive month of strong recovery.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback