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Aussie manufacturing PMI eases on supply constraints

January 4, 2022 - 12:30 -- Admin

Via IHS Markit: Growth of Australia’s manufacturing sector slowed in December, according to the latest IHS Markit PMI™ data. Demand and output rose at slower rates, as did purchasing activity. However, the rate of job creation was unchanged. Supply constraints persisted, with longer lead times recorded, contributing to higher backlogged orders. Price pressures meanwhile climbed

The post Aussie manufacturing PMI eases on supply constraints appeared first on MacroBusiness.

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