The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI®) eased by 0.4 points to 51.2 points, indicating a weaker rate of expansion across manufacturing in September and effectively stalling a solid period of recovery since late 2020 (seas. adj). Although remaining mildly positive, this was the weakest monthly result for the Australian PMI® since September 2020. Results above 50 points indicate expansion, with higher results indicating a faster rate of expansion.

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