• Home
  • Site Map

VICTORIA - - Braeside (03) 9587 2212 - - Preston (03) 9480 1566 NEW SOUTH WALES - - Glendenning (02) 9099 1149 QUEENSLAND All Torque ETA - - Rocklea (07) 3274 2677
facebook
linkedin
rss
twitter

  • Home
  • All Torque?
  • Our Range
  • Our Capability
  • Resources
  • The Talk
  • Videos
  • Contact



Performance of Manufacturing Index (PMI) – July

August 15, 2014
by damian
ai group, performance of manufacturing index, pmi, pwc
Comments are off

The Australian manufacturing sector is expanding.  After a solid string of negative results, the July Performance of Manufacturing Index by Australian Industry Group and PriceWaterhouseCoopers has revealed that manufacturing has somewhat rebounded, recording an expansionary 50.7.  This result is an increase of 1.7 basis points from the previous reporting period.pmi july

Individual Sector Performance

Of the manufacturing sub-sectors, growth was recorded by the significant food and beverages and smaller wood and paper industries. with a 51.7 and 67.2 respectively.

Although still contracting, the metal products sub-sector managed to arrest the steady decline it has been suffering since mid-2012, recording an increase of 3.6 points for an overall result of 46.5.

As is almost the mantra for the PMI of late, the gap between input costs and selling prices has remained high for the July reporting period.  Increases to wages and superannuation and an unexpected rise in inflation have all contributed to the wages sub-sector jumping by a very large 13.1 points.

More Information

The July Performance of Manufacturing Index front page précis can be downloaded by following this link… PMI July 2014

Social Share
  • google-share

Recent Posts

  • Maxi-Hygienic FR Gearbox
  • Flender N-Arpex Coupling – Market Leading Performance
  • Torque Arm Gearbox
  • Flender FLUDEX Coupling Operation Explained
  • WEG W22 Ex-na Non-Sparking Electric Motors

All Torque on Facebook

All Torque on Facebook

Subscribe to The Talk via Email

Enter your email address to subscribe to receive notifications of updates by email.