Australian manufacturing activity dropped to nine-month low in May

Note: This section contains information in English only.
Source: Marketwatch
Australian manufacturing activity decreased to the lowest level in the last nine months in May. The Performance of Manufacturing Index edged down by 1.5 points to 42.4 on a seasonally adjusted basis in May. The dismal state of non-mining industries in the country may create incentive for further cuts of the interest rate by the Reserve Bank of Australia.

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