Tuesday, August 9, 2022
Home Tools Australian July Manufacturing PMI drops to 52.5 (from June’s 54.0)

Australian July Manufacturing PMI drops to 52.5 (from June’s 54.0)

9
0


Eamonn Sheridan

Australian Industry Group Performance of Manufacturing Index for July 2022 shows a slower rate of expansion

  • Falls to 52.5 from June’s 54.0, and thus still in expansion

There is a second Australian Manufacturing PMI due at the top of the hour, from Markit / S&P Global.

And also the China PMI from Markit (see link above). Over the weekend we got the first round of China PMIs for July, a bit of a shock drop into contraction for manufacturing:

 inflation 

Most Popular

Previous articleIntraday Market Analysis – JPY bounces back
Next articleS&P 500, US Dollar, Gold, AUD/USD, GBP/USD, RBA, BoE, NFP