Manufacturing falls to two-year low

Original article by John Kehoe
The Australian Financial Review – Page: 3 : 8-Jan-19

The Australian Industry Group’s Australian Performance of Manufacturing Index declined 1.8 points to 49.5 in December. It was the lowest that the Index has been since August 2016. Five of the Index’s eight manufacturing sub-sectors expanded, while the report noted the strong performance of the Victorian manufacturing sector. The decline in Australian manufacturing activity mirrors the global economy, with the US and China having both recently recorded falls in manufacturing output.

CORPORATES
THE AUSTRALIAN INDUSTRY GROUP, GOLDMAN SACHS AUSTRALIA PTY LTD, JP MORGAN CHASE AND COMPANY, IHS GROUP

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