Australia final December manufacturing PMI 47.6 (prior 47.7) ...Middle East

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Australia final December manufacturing PMI 47.6 (prior 47.7)
source : forex live ( Middle East ) () 16
Judo Bank / S&P Global final manufacturing PMI for December 2023 is 47.6.the preliminary (flash) reading was 47.8November was 47.7Employment conditions easing, as are price indexes. Commentary, in brief, from the report:December manufacturing output index returned to a historically low reading of 45.5new orders index, which also resides at a low level by historical standards, saw notable improvement through December. Despite output levels and new orders reflecting an easing in activity, labour demand has only weakened slightly, with the employment index sitting slightly under the neutral level at 48.4 in Decembersuggest that a slowdown in labour demand for the manufacturing sector is underwa

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