Australia's manufacturing sector showed signs of slowing down as the Judo Bank Manufacturing Purchasing Managers' Index (PMI) slipped to 50.6 in June, down from 51.0 in the previous measurement, according to the latest data updated on 30 June 2025.
The PMI, a significant indicator of the economic health of the manufacturing sector, hovering above 50, still implies expansion, although at a reduced pace compared to May's figures. This slight contraction has sparked concerns among analysts about the robustness of Australia's manufacturing and broader economic growth in the forthcoming months.
Experts are closely monitoring these developments, as any further dip below the 50 mark could signal contraction in the sector, potentially leading to a reassessment of economic policies to boost industrial activity. The industry watchers suggest that the coming months will be crucial in defining the trajectory of Australia's manufacturing output and its implications on the overall economic landscape.