The preliminary reading of Australia’s Judo Bank Manufacturing Purchasing Managers Index (PMI) declined to 51.7 in April from 52.1 in March, the latest data published by Judo Bank and S&P Global showed on Wednesday.
The Judo Bank Australian Services PMI fell to 51.4 in April from the previous reading of 51.6, while the Composite PMI eased to 51.4 in April versus 51.6 prior.
Market reaction
At the press time, the AUD/USD pair was down 0.11% on the day to trade at 0.6361.
