Australia Manufacturing PMI Finalizes at Six-Month High, Yet Inflation and Supply Risks Limit Confidence

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Australia’s manufacturing sector showed further signs of recovery in July, with S&P Global Australia Manufacturing PMI finalized at 52.0, up from 51.5 in June and the strongest reading since January. The sector has now remained in expansion territory for four consecutive months, supported by renewed growth in both production and new orders as business conditions […]The post Australia Manufacturing PMI Finalizes at Six-Month High, Yet Inflation and Supply Risks Limit Confidence appeared first on ActionForex.