on 19:28 Octuber 31, 2016
The manufacturing sector in Australia turned back into expansion in October according to the latest survey from the Australian Industry Group released on Tuesday as the Performance of Manufacturing Index hit 50.9 up from 49.8 in September.
The indicator declined to 46.9 in August, the lowest in more than two years and remained below 50 in September.
Sales, new orders and exports expanded, while production and employment shrank.
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