Tag: PWC

The high Aussie dollar and sluggish domestic demand have been blamed for further contraction in the manufacturing sector in October according to the latest Australian Industry Group – PwC Performance of Manufacturing Index.

The Australian Industry Group – PricewaterhouseCoopers Australian Performance of Manufacturing Index (Australian PMI) continues to surge, up 1.5 points in July.

Manufacturing has recorded growth not seen since May 2002, with the sector bolstered by demand in the construction, mining and infrastructure sectors.