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S&P Global Manufacturing PMI Flash

Name: S&P Global Manufacturing PMI Flash
Creator: TipRanks

The S&P Global Manufacturing PMI Flash in Australia is an early indicator of the economic health of the manufacturing sector, measuring factors such as output, new orders, employment, and supplier delivery times. A PMI above 50 indicates expansion, while below 50 suggests contraction. It is significant because it provides timely insights into manufacturing trends, influencing economic policy decisions and investor sentiment. The index can impact financial markets as it helps gauge economic momentum and potential inflationary pressures.