Australian final manufacturing PMI for October: 48.2 (prior 48.7) ...Middle East

Flash Judo Bank / S&P Global October PMI reading is here:Australia preliminary PMI: Manufacturing 48.0 (prior 48.7) & Services 47.6 (prior 51.8)Warren Hogan, Chief Economic Advisor at Judo Bank commentary from the report, in summary:The slight decline in the PMI index to 48.2 masks a more profound fall in the key output and new orders indexes. The output and new orders indexes fell to concerning levels in October, lower than what would normally be associated with a soft patch.The employment index fell to the lowest level since the 2020 lockdowns, although the index level remains above the 50 index level.The solid employment result also cautions against reading too much into the falls in outp

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