Australian final June 2025 manufacturing PMI 50.6, down from the flash reading and down from May.
Prelim is here:
Commentary from the report:
- “Australia’s Manufacturing PMI data showed that
growth of the goods-producing sector moderated for
a third consecutive month in June. While flash data
initially pointed to renewed output growth, the final
reading indicated a slight downturn in production,
reflecting some weakness into the end of the month.
This was amidst a renewed fall in new orders, while the
Future Output Index showed reduced optimism among
manufacturers, and pointing to weaker growth in the
months ahead. Additionally, the New Export Orders
Index was also reflective of subdued trade conditions
in June, with a marked fall in new work from abroad
recorded. - “Notably, margin pressures were observed in June,
though the continued fall in selling price inflation is a
welcome development to support sales growth whilst
also boding well for the lowering of interest rates into the
second half of 2025.”
This article was written by Eamonn Sheridan at www.forexlive.com.