Commonwealth Bank Manufacturing PMI

Date Time Left   Event Impact Previous Consensus Actual
Nov 22, 22:00  Commonwealth Bank Manufacturing PMI 54.2 54.2 56.10

Commonwealth Bank Manufacturing PMI

The Manufacturing Purchasing Managers Index (PMI) released by both the Commonwealth Bank of Australia and the Markit Economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the Manufacturing PMI is an important indicator of business conditions and the overall economic condition in Australia. A result above 50 signals is bullish for the AUD, whereas a result below 50 is seen as bearish.



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