Australia's manufacturing continues to contract in March

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Source: RTT News
Australian manufacturing sector activity continued to shrink in the month of March with the Performance of the Manufacturing Index declining by 1.2% to a level of 44.4 points, a report unveiled by the Australian Industry Group showed on Tuesday. The report also said that the production sub-index fell 4.9 points to 41.7 and new orders edged lower by 2.4 points to 39.4 in March.

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