Judo Bank's latest release of the Manufacturing Purchasing Managers' Index (PMI) in Australia shows a slight decline, revealing a tempered expansion in the manufacturing sector. The PMI slipped to 51.3 in July 2025, a subtle drop from the 51.6 recorded in the previous period, which occurred earlier in the same month. This data, updated on 31 July 2025, reflects the cautious pace of growth within the industry.
The latest figures suggest that while the sector is still expanding, the pace has slightly diminished. A PMI above 50 typically indicates expansion in the sector, whereas a number below 50 signifies contraction. The current figure signifies that manufacturers in Australia continue to grow, albeit at a slower rate compared to the start of July.
Economic analysts observing Australia's manufacturing performance will be attentive to these fluctuations, as they can hint at underlying market conditions and broader economic trends. As global economic pressures and local dynamics continue to affect industries, the manufacturing sector's resilience in maintaining expansion is a keen area for ongoing observation and analysis.