date:Jul 06, 2012
While the food and beverages sector recorded a decline in activity in June, it was the least significant contraction of the eight sectors that recorded decreases, and had among the strongest expansions in inventories of finished stocks. However, the food and beverages sector recorded the sharpest decline in new orders in June 2012.
The seasonally adjustedAustralian PMIwas 4.8 points stronger at 47.2 in June (readings below 50 indicate a contraction in activity with the distance from 50 indicatin