Australian final June 2025 manufacturing PMI 50.6 (prior 51.0) ...Middle East

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Australian final June 2025 manufacturing PMI 50.6 (prior 51.0)

Australian final June 2025 manufacturing PMI 50.6, down from the flash reading and down from May.

Prelim is here:

    Australia preliminary June 2025 manufacturing PMI 51.0 (prior 51.0)

    Commentary from the report:

    “Australia’s Manufacturing PMI data showed that growth of the goods-producing sector moderated for a third consecutive month in June. While flash data initially pointed to renewed output growth, the final reading indicated a slight downturn in production, reflecting some weakness into the end of the month. This was amidst a renewed fall in new orders, while the Future Output Index showed reduced optimism among manufacturers, and pointing to weaker growth in the months ahead. Additionally, the New Export Orders Index was also reflective of subdued trade conditions in June, with a marked fall in new work from abroad recorded. “Notably, margin pressures were observed in June, though the continued fall in selling price inflation is a welcome development to support sales growth whilst also boding well for the lowering of interest rates into the second half of 2025.” This article was written by Eamonn Sheridan at www.forexlive.com.

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