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Australian Manufacturing sectors reaches a grim new low

December 1st, 2008 · No Comments · General

The activity witnessed in the Australian manufacturing industry has sunk to a frightening low level. The Performance of Manufacturing Index fell to 32.7 in November, this making the sixth month consecutively that the index has fallen.
Australian Industry Group chief executive, Heather Ridout, has commented on the fall in orders stating that they have never been [...]

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