Australia - Markit Manufacturing PMI for February (final)

The key highlights from Marklit:

  • Output growth and order book expansion remain sharp
  • Supply shortages and shipping delays drive survey record rise in prices
  • Optimism improves to two-year high

More:

  • Price pressures hit a survey high
  • Output rose for an eighth straight month in February
  • the start to the year has so far seen the strongest production growth phase for three years as firms have boosted output in line with resurgent demand
  • new orders increase for an eighth successive month

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