Australian Ai Group Manufacturing Index (Jan) -19.4 (Prev. -18.0, Rev. From -18)

Australian Ai Group Manufacturing Index (Jan) -19.4 (Prev. -18.0, Rev. From -18)

The Australian Ai Group Manufacturing Index shows a decline to -19.4 in January, which is worse than the previous reading of -18.0 and a revision from -18. This deeper negative reading suggests a worsening manufacturing sector, indicating increasing pressures that may weigh on economic growth and possibly influence monetary policy, particularly around interest rates.