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Australia's manufacturing sector shrank in October 2025 due to falling demand and output, with job cuts and rising costs.
Australia's manufacturing sector contracted in October 2025, with the S&P Global PMI falling to 49.7 from 51.4 in September, marking the first decline since December 2024.
The drop was driven by weaker domestic and international demand, falling new orders, and reduced business confidence.
Firms cut staff for the first time in eight months, signaling labor market weakness.
Despite easing output price inflation, rising input costs pressured margins amid intense competition.
Persistent core inflation has dampened expectations for further Reserve Bank of Australia rate cuts, while global trade tensions and geopolitical risks contributed to a cautious outlook.
El sector manufacturero de Australia se redujo en octubre de 2025 debido a la caída de la demanda y la producción, con recortes de puestos de trabajo y costos crecientes.