FX.co ★ Judo Bank Australia Manufacturing PMI Falls to 47.3 in April 1st Update

The latest data from Judo Bank Australia Manufacturing PMI has shown a decline to 47.3, indicating a slowdown in the manufacturing sector. This figure is down from the previous measurement of 47.8, reflecting ongoing challenges and pressures faced by manufacturers in Australia. The update, released on April 1, 2024, underscores the need for vigilance and strategic planning in the face of economic uncertainties. Analysts will be closely monitoring upcoming data releases to assess the trajectory of the manufacturing industry in the country amidst the changing global economic landscape.