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Australia Manufacturing Purchasing Managers Index (PMI)

Latest Release

May 23, 2022

Actual

55.3

58.8

The Australian Manufacturing Purchasing Managers Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance. A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.

Importance:

Country:

Currency: AUD

Source: Markit

Release Date	Time	Actual	Forecast	Previous
May 24, 2022	01:00	55.3		58.8
Apr 22, 2022	01:00	57.9		57.7
Apr 01, 2022	00:00	57.7	57.3	57.0
Mar 24, 2022	00:00	57.3		57.0
Mar 01, 2022	00:00	57.0		55.1
Feb 21, 2022	00:00	57.6		55.1

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