Australia AiG Performance of Manufacturing Index rose to 53.1 in August, up from 51.3. AiG noted that “manufacturing conditions improved in August, with increasing levels of production and rising exports”. And “overseas demand for Australian manufactured products remains strong, particularly for consumable manufacturing products.”
Also from Australia, TD securities inflation rose 0.0% mom in August. Company operating profits rose 4.5% qoq in Q2, much higher than expectation of 1.7% qoq.
