Australian industry Group Performance of Manufacturing Index for March
March in at 63.1 (18th consecutive month in expansion and surging)
- From 57.5 in February
Still strong in expansion, to a huge 63.1, a jump of 5.6 points on the month from already strong levels. This is not often an immediate FX market moving piece of data, but goes into analysis ... and this is a very, very strong positive indicator for the economy indeed.
