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Market Update: Australia Manufacturing PMI Eases from Records
The IHS Markit Australia Manufacturing PMI decreased to 58.4 in June of 2021, down from May’s record high of 60.4, preliminary data showed. Factory orders and output slowed in June while employment growth momentum also eased. On the price front, both input costs and output prices increased at slower rates compared to May. source: Markit Economics [/s2If]
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