Australian final September manufacturing PMI 46.7 (prior 48.5) ...Middle East

Judo Bank / S&P Global for September 202446.7prior 48.7flash was 46.7In summary from the report:Manufacturing sector weakened to cyclical lows through September.Demand is soft, with elevated business cost pressures.Manufacturing PMI index at lowest since 2016, excluding the pandemic start.Output and new orders are significantly below the neutral level of 50.Sector has been in contraction for eight months, with reduced employment (index averaging 47.9).Input and output price pressures back to pre-pandemic averages, but margin pressures remain significant.Supply chain issues persist, with delivery times below pre-pandemic levels for three months.Business expectations for the next 12 months re

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