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The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI®) dropped by 9.2 points to 51.6 in August, indicating weak expansion across manufacturing and effectively pausing a solid period of recovery throughout 2021 (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion).

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI®) eased by 2.4 points to 60.8 in July, remaining in strong expansionary territory but indicating a slower rate of growth from June’s record expansion (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion).

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