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: