This is the manufacturing PMI from CBA / Markit for December 2017
Comes in at an improved (stronger expansion) 57.1
- prior 56.3
This is the highest reading for the CBA PMI since December of 2016 (when it hit 57.2). The 'output' subindex rose to 58 (from 56.1 prior) and is at its highest since June of last year. 'New orders' are at their highest since November of 2016.
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There will be another manufacturing PMI along from Australia at the bottom of the hour, the AiG Performance of Manufacturing Index for December
- November was 57.3
Yep, it's a twoferone on Australian manufacturing PMIs today - what a way to start the new year!
