The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI®) rose by 1.6 points to 54.0 in June, indicating mild growth as the index recorded a fifth consecutive month in expansion (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). Innes Willox, Chief Executive of Ai Group the national employer association said: "Although input price pressures continued to accumulate, Australia's manufacturing sector expanded again in June with solid increases in production and new orders and a slight lift in employment. While ... (full story)