Wire flash
Australia's Sept Flash Manufacturing PMI Falls Below 50 to 49.3 from 52
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The S&P Global Australia Manufacturing Purchasing Managers' Index (PMI) flash estimate for September came in at 49.3, according to data released by financial information provider Jin10. This reading marks a decline from the previous month's final reading of 52.0 and falls below the 50.0 threshold that separates expansion from contraction in the manufacturing sector. The data suggests a deterioration in Australian manufacturing business conditions at the start of the third quarter, potentially reflecting weaker demand, supply chain pressures, or other economic headwinds. The flash PMI is an early indicator based on approximately 85-90% of total survey responses and is subject to revision in the final release. Market participants will watch for further details on sub-indices such as output, new orders, and employment to gauge the depth of the slowdown.
Source report
- September Flash Estimate: 49.3
- Previous Reading: 52.0
The S&P Global Manufacturing Purchasing Managers' Index (PMI) for Australia registered a flash estimate of 49.3 in September, down from the previous reading of 52.0.
Source
金十数据Neutral / independent