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Performance of Manufacturing Index (PMI) – November

December 01, 2014
by damian
ai group, performance of manufacturing index, pmi, pwc
Comments are off

Good news in Australian manufacturing as the Australian Industry Group / PriceWaterhouseCoopers Performance of Manufacturing Index headed into positive territory for November.

50.1 was the final, expansionary result, with gains in four out of eight manufacturing sub-sectors.

The report details concerns about the pending closure of all three Australian automotive manufacturers and flow-on effect that this will bring.  In addition, fears continue that although the Australian dollar has weakened against major currencies, import conditions are still favourable.

PMI November 2014 Result

pmi november 2014

Individual Sectors

4 and 4 this time.

 

Expanding

  • Food, beverages and tobacco (59.1)
  • Wood and paper products (61.6)
  • Textiles, clothing, footwear, furniture and other manufacturing (54.4)
  • Non-metallic mineral products (50.2)

 

Contracting

  • Printing and recorded media (42.8)
  • Petroleum, coal, chemicals and rubber products (39.9)
  • Metal products (43.2)
  • Machinery and equipment (44.6)

 

To download a two page précis of the report, click here… PMI Novermber 2014

 

 

 

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