Positive reports from AFA Members and official reports in the local manufacturing sector confirm that there has been continued growth for the third straight
month, according to the Australian Industry Group’s Performance of Manufacturing Index survey. The PMI for September of 52.1 was up from August’s 51.7,
and July’s 50.4. Any result above 50 indicates expansion. In a statement, Ai Group Chief Executive Innes Willox said the lower dollar was “a clear
driver”, with local goods becoming more competitive against imports.
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