Australian food and beverage manufacturing in serious contraction, latest figures
date:May 07, 2013
were also recorded in other manufacturing sub-sectors. Seven of the eight manufacturing sub-sectors declined in April. Printing and recorded media, non-metallic mineral products, metal products, and machinery and equipment all recorded significant contractions.

The AI Group said capacity utilisation in the manufacturing sector fell 2.4 points to 68.6 the lowest level since June 2009 and that exports continued to contract for the ninth consecutive month, falling to 24.5 in April 2013.

Signif
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