For the first time in the consecutive months since 2015, Australian manufacturing activity contracts fresh calls for a fresh boost. Industry groups say that a year-end downturn in production represents a clear warning that there is an increasing risk of a broader economic downturn.
In December, the Industry Group's Manufacturing Performance Index slightly increased by 0.2 to 48.3 points but remains below the 50-point mark which s....
Tags : manufacturing , economic downturn, economy risk, Reserve Bank ,
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